Many videogames, especially those in the artistic style of anime, have had television shows created based off of them. This picture is of one of those shows, Monster Rancher. Others include Pokemon and Blue Dragon.
Create creatures from discs inserted into your PlayStation. Raise them from birth to death on your ranch and fight it out with other monsters. In PAL countries, the game is simply called 'Monster Rancher'.
My brother had some sort of CD OCD so he had about 500 CDs. We saw this game and thought that it would be cool, I'm pretty sure that we sat for about twelve hours switching out CDs the first day that we had it.