All articles tagged with #licensing deals
President Trump reported over $630 million in income last year, primarily from his real estate, hotels, golf courses, licensing his name on products, and cryptocurrency ventures, with assets exceeding $1.6 billion. His income sources have diversified from traditional real estate to include merchandise, licensing, and new ventures like Trump Mobile, while his brand remains a significant asset.
Meta and Google are offering Hollywood studios millions of dollars to license content for improving their AI-generated video models. While Netflix and Disney are hesitant, Warner Brothers Discovery may be open to licensing some programs. The move is part of a broader trend of AI firms seeking media content to enhance their tools, though concerns about the use of creative work persist in the entertainment industry.
Some of Netflix's competitors, including Warner Bros Discovery's HBO network, are reversing their strategy by licensing their old TV shows and movies to Netflix, boosting its programming offerings but potentially squeezing its profit margins. This shift comes as legacy media groups seek streaming profits and view licensing revenue as attractive. While analysts see this as a positive for Netflix, they also warn that the cost of licensing, along with Netflix's investments in gaming and other sectors, could put pressure on its profit margins in 2024. Despite the potential challenges, licensing deals have given old shows new life and increased engagement on both Netflix and Warner Discovery's Max streaming platform.
Fanatics has filed a countersuit against Panini America after Panini accused the sports retail and collectibles giant of having a monopoly in the trading card industry. Panini alleged that Fanatics engaged in "anticompetitive" behavior and signed long-term licensing deals with major sports leagues. Fanatics fired back, accusing Panini of unfair trade practices and tortious misconduct. The lawsuit also mentioned a 2022 negotiating period when Fanatics and Panini agreed in principle to terminate some licenses early, but Panini allegedly dragged out the negotiations in bad faith. Fanatics is seeking damages and other relief for Panini's unfair competition, tortious interference, and breach of the duty to negotiate in good faith.