Licensing Deal facts
While investigating facts about Licensing Deal Music and Licensing Deals For Products, I found out little known, but curios details like:
The NFL owns the licensing rights to every team except the Cowboys. In 1995 Cowboy's owner Jerry Jones started to make his own deals, NFL sued him for 300 million, to make the league back down, Jerry counter sued them for 750 million.
how licensing deals work?
Bill Gates didn't create MS-DOS from scratch. He just bought Q-DOS (Quick and Dirty Operating system) for $75,000. Q-DOS was a rip off of CP/M, the standard OS of most PCs in early 1980s. The virtual clone of Q-DOS, MS-DOS was licensed to IBM in a historic deal and the rest is history.
What is a licensing deal shark tank?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is a licensing deal in music. Here are 16 of the best facts about Licensing Deal Example and Licensing Deal Meaning I managed to collect.
what is a licensing deal?
-
Marvel Entertainment made little profit from its licensing deals, so they created MARVEL STUDIOS. Kevin Feige envisioned creating a shared universe similar to Stan Lee's comic book universe. They obtained a $525 million revolving credit and thus the "Marvel Cinematic Universe" was born.
-
The inventors of Silly String pitched the product to Wham-O by spraying Silly String all over a company representative's office. The representative kicked the inventors out, but the owners of Wham-O asked for samples and quickly signed a licensing deal.
-
The Universal Studios originally wanted to have rides based on DC characters like Batman and Superman as part of a wider Cartoon World, but negotiations with Time-Warner fell through, so Universal ended up making a licensing deal with Marvel Comics instead
-
Sitcom WKRP in Cincinnati was shot on video not film, due to a loophole allowing cheaper music licensing fees on video productions (intended for variety shows). Later syndicated repeats and DVDs substituted generic music or deleted scenes as the original music licencing deals had expired
-
Sony's licensing deal with Marvel gives it the film rights to roughly 900 characters, including characters associated with Spider-Man, Venom and Morbius: The Living Vampire.
-
The "Smiley" Company earns $500m per year in licensing deals, working with companies like McDonald’s, and Coca-Cola, but artist Harvey Ball never applied for copyright of his iconic "smiley face" graphic and earned just $45 for his work.
-
Pharmaceutical Allergan recently transferred a patent for drug Restasis to a Native American tribe. Allergan then struck an exclusive licensing deal with the tribe. This will protect the patent against generics and circumvent U.S. law.
-
Almost all music artist deals with record labels are 360 deals—labels offer cash advance upon signing while holding a percentage of album sales, touring, merchandise, promotional appearances, endorsements, licensing, etc.
-
The name "Ghostbusters" was owned by Filmation/Universal, and it was licensed to Columbia for the 1984 film on a profit-sharing deal. Because the hit film didn't turn a profit, Filmation didn't make any money on allowing the name to be used.
-
Steve Jobs took advantage of a loophole in California's laws where license plates are only needed after 6 months of having a car. He had a deal with a Mercedes dealership to get a new SL55 AMG every 6 months.
Why do most states require electricians to be licensed?
You can easily fact check why use a licensed electrician by examining the linked well-known sources.
Mortal Kombat was originally intended to be a game based on the movie Bloodsport, but the deal to acquire the license fell through.
Universal Orlando planned a Gotham City Island dedicated to Batman for the future 2nd gate adjacent to Universal Studios Florida. The deal didn't come through due to royalty disputes between Universal and Warner Bros, as well as Six Flags first acquiring the theme park license to DC Comics. - source
Disney World isn’t allowed to use most Marvel characters because of a previous licensing deal that prevents their use east of the Mississippi River in fear of competing with Universal theme parks. - source
Gary Kildall founder of Digital Research, a company Bill Gates wanted to license its OS in their IBM machines but couldn’t even pitch the deal because Kildall’s wife refused to sign a NDA with Microsoft
