BRIEFCASE EBAY SETTLES SUIT WITH RIVAL BIDBAY.Byline: - From Staff and Wire Reports TUJUNGA - EBay Inc. has settled a trademark-infringement lawsuit it brought in July against BidBay.com, an upstart Internet auction site with a similar look and rainbow-colored logo. BidBay, based in Tujunga, agreed to change its name to AuctionDiner.com, design a new logo and pay eBay an undisclosed sum, lawyers for both companies said Wednesday. ``The fight was becoming too expensive for us,'' BidBay lawyer Barry Sabahat said. San Jose-based eBay contended that BidBay copied eBay's look and feel to attract buyers and sellers. Using the term ``Bay'' in the name was especially egregious e·gre·gious adj. Conspicuously bad or offensive. See Synonyms at flagrant. [From Latin and an improper attempt to trade on eBay's solid reputation, said Jay Monahan, eBay's associate general counsel. Similarly, eBay also recently persuaded Brickbay.com, a site for trading Lego building-block toys, to change its name to Bricklink.com, Monahan said. BidBay was started in December 1999 by George Tannous, a former Internal Revenue Service agent who bought the domain name for $1,000 on eBay. Cherokee extends its deal in Canada VAN NUYS - Clothing licensor Cherokee Inc. has extended its agreement for its Cherokee brand in Canada for an additional five years with Zellers, a 320-store chain across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET. . Cherokee markets and manages a variety of clothing, footware and accessory brands it owns or represents. Paramount panel names new exec HOLLYWOOD - Tom McGrath For other uses, see Thomas McGrath. Thomas B. McGrath (born 1956, married, two children) though little known outside Hollywood, has been an important, behind-the-scenes player in reshaping modern media throughout his entertainment career. , executive vice president of the Viacom Entertainment Group, was named Wednesday president of the company's newly created Paramount Enterprises. A company statement said Paramount Enterprises comprises Paramount Parks Paramount Parks was an operator of theme parks and attractions, which annually attracted about 13 million patrons. Viacom had assumed control of the company as part of its acquisition of Paramount Pictures in 1994. , Famous Players Inc. and Paramount's other interests in theatrical exhibition, including Paramount's interest in United Cinemas International, Famous Music Publishing The contractual relationship between a songwriter or music composer and a music publisher, whereby the writer assigns part or all of his or her music copyrights to the publisher in exchange for the publisher's commercial exploitation of the music. , Consumer Products and Paramount Digital Entertainment. MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. offers films in online venture Metro-Goldwyn-Mayer Inc. launched a test program Wednesday to deliver movies online, in what amounts to the first attempt by a major Hollywood studio to let customers download films over the Internet. MGM has teamed with CinemaNow Inc., an Internet distributor of feature films and shorts, to offer two motion pictures over the Internet as part of a 30-day trial. Firms may cash in with Petco IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. Two private investment firms stand to quadruple their money in just 17 months if the initial public offering of stock in Petco Animal Supplies Inc. goes as planned. Los Angeles-based Leonard Green & Partners and Texas Pacific Group of Fort Worth took the pet-store company private in 2000. San Diego-based Petco had gone public the first time in 1994. In December, it filed papers with the Securities and Exchange Commission for an IPO. WellPoint scores magazine kudos THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. - WellPoint Health Networks Inc. has been named Fortune magazine's most admired health care company for an unprecedented fourth consecutive year. The list appears in Fortune's March 4 edition, on newsstands next week. In addition to having the highest overall score in its industry, WellPoint was the highest-ranking health care company in eight reputation categories, including innovation, financial soundness and long-term investment soundness. Inflation gauge up 0.2% in January WASHINGTON - Higher prices for gasoline, medical care and some food items contributed to a mild rise in consumer inflation in January. But prices for clothing, cars, lodging and computers all fell, providing shoppers with some bargains. The Consumer Price Index, a closely watched gauge of inflation, rose 0.2 percent last month after dipping 0.1 percent in December, the Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working reported Wednesday. Suleman leaves Viacom for rival A shake-up at Viacom had been expected, just not this one. The chief executive of Viacom's radio business, Infinity Broadcasting, resigned Wednesday, stunning colleagues and Viacom's president, Mel Karmazin Melvin Alan "Mel" Karmazin, a native New Yorker, (born August 24, 1943)[1] is an executive who has held several top jobs in the broadcasting industry and is currently CEO of Sirius Satellite Radio. . Farid Suleman Farid Suleman is the current chairman and CEO of Citadel Broadcasting. For years at Infinity Radio, Suleman was the main assistant of Mel Karmazin, who has since made a move to head up Sirius Satellite Radio. , a longtime colleague of Karmazin who headed Infinity, the nation's largest radio broadcaster, said he was leaving to become chief executive of Citadel Communications
Citadel Communications is a Bronxville, NY-based broadcaster that owns 4 television stations, including: DMA Rank Market Station ... - a smaller rival radio broadcaster - and a special limited partner at Forstmann Little, the leveraged-buyout firm that owns Citadel. Karmazin will assume Suleman's duties on an interim basis. |
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