Parties working on settlement documents to resolve trademark infringement lawsuit.
Cricket Communications and Cricket.com owner Global Cricket Ventures have reached a “settlement in principle” over the parties’ trademark infringement suit.
Cricket Communications filed the suit in February alleging that Cricket.com was charading as a cricket sport site but was no more than a site created to take advantage of the wireless carriers’ trademark. The company alleged that Global Cricket Ventures hard coded a Cricket Wireless logo into its web site in a position made to look like it was part of an ad.
Since then Cricket.com has removed all advertising related to wireless phones and has scaled down the site from even the basic shell that it was before.
My guess is the deal doesn’t involve handing over the Cricket.com domain name as the plaintiff wants, but Global Cricket Ventures stops displaying anything related to mobile phones.
But it has drastically changes its web site to eliminate all references and ads related to mobile phones.
The site is now just a bare bones one page web site with a couple news feeds about cricket and a score board. Gone is the fantasy cricket offering and any attempt to be a “real” web site. But also gone are the many ads for cell phones.
Cricket Communications claimed Global Cricket Ventures was intentionally trading on its goodwill by masquerading as cricket sports site. The site used to have a number of ads for mobile phones. According to Cricket Communications, one of the ads was actually a hard coded Cricket Communications logo placed over a skyscraper banner.
The lawsuit will probably continue to be slowly creep forward given that Global Cricket Ventures is based on the island nation of Mauritius.
But it has drastically changes its web site to eliminate all references and ads related to mobile phones.
The site is now just a bare bones one page web site with a couple news feeds about cricket and a score board. Gone is the fantasy cricket offering and any attempt to be a “real” web site. But also gone are the many ads for cell phones.
Cricket Communications claimed Global Cricket Ventures was intentionally trading on its goodwill by masquerading as cricket sports site. The site used to have a number of ads for mobile phones. According to Cricket Communications, one of the ads was actually a hard coded Cricket Communications logo placed over a skyscraper banner.
The lawsuit will probably continue to be slowly creep forward given that Global Cricket Ventures is based on the island nation of Mauritius.
Cricket venture that owns prized domain name gets funding.
Now that Cricket.com and Global Cricket Ventures is completely separated from Live Current Media, it’s getting some new life.
Private equity fund Elephant Capital has invested $10 million in Global Cricket Ventures (GCV), taking a 50% stake in the venture, reports VCCircle. GCV plans to raise another $5 million.
GCV has exclusive digital and mobile rights to the Indian Premier League (IPL) and owns the domain name Cricket.com.
Live Current Media set up Global Cricket Ventures and won a 10 year, $50 million deal with the cricket league. But that $50 million deal was Live Current Media paying for the rights, and it was money the company was never in a position to pay. After several payment concessions, Live Current eventually sold off its rights to the venture and the domain name for $1.75 million including the assumption of liabilities.
Cricket Communications and Cricket.com owner Global Cricket Ventures have reached a “settlement in principle” over the parties’ trademark infringement suit.
Cricket.com owner Global Cricket Ventures hasn’t formally responded to 