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Cricket Communications Reaches Settlement Over

July 11, 2011cricket wireless,, Domaining, Domainnamewire, global cricket ventures, Policy & LawComments Off on Cricket Communications Reaches Settlement Over

Parties working on settlement documents to resolve trademark infringement lawsuit.

CricketWireless.comCricket Communications and 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 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 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 domain name as the plaintiff wants, but Global Cricket Ventures stops displaying anything related to mobile phones.

© 2011.

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Private Equity Fund Invests $10M in GCV, Owner of

December 3,, Domaining, Domainnamewire, global cricket ventures, live current media, UncategorizedComments Off on Private Equity Fund Invests $10M in GCV, Owner of

Cricket venture that owns prized domain name gets funding.

Now that 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

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.

Live Current claimed to have rejected a $6 million offer for the domain name a couple years ago.

© 2009.

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  3. Domain Name Got Live Current Cricket Deal