NameStarter.com :: domaining business blog // Domaining for Domainers

Archive for the ‘global cricket ventures’ Category

Cricket Communications Reaches Settlement Over Cricket.com

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

Parties working on settlement documents to resolve trademark infringement lawsuit.

CricketWireless.comCricket 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.


© DomainNameWire.com 2011.

Get Certified Parking Stats at DNW Certified Stats.

Related posts:

  1. Cricket.com Changes Web Site After Lawsuit
  2. Cricket Mobile Phone Company Sues to Get Cricket.com Domain Name
  3. Wow – Cricket.com Hit with UDRP

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

December 3, 2009cricket.com, Domaining, Domainnamewire, global cricket ventures, live current media, UncategorizedComments Off on Private Equity Fund Invests $10M in GCV, Owner of Cricket.com

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.

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


© DomainNameWire.com 2009.

Review and rate domain name parking companies at Parking Judge.

Related posts:

  1. Live Current Weaseling out of Cricket Deals
  2. Live Current (Communicate.com) Signs $50 Million Cricket Deal
  3. Domain Name Got Live Current Cricket Deal