In Reply to: Noel Lee and Monster lose out... posted by mkuller on September 2, 2014 at 19:16:47:
...you'd think they'd have had a more favorable contract with Beats.
"Yet the five-year deal, with renewal options, also included a provision that if Beats ever sold a majority stake, Monster would have to turn over all of its technology."
I guess their lawyers were too busy with Monster trademark lawsuits to notice that provision. You might license the technology, but you never give it away.
Boomerang karma with no tears from me.
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Follow Ups
- For such a litigative company... - R Browne 22:18:11 09/02/14 (2)
- RE: For such a litigative company... - TheMadMilkman 09:40:58 09/03/14 (1)
- Because there were no technology in the first place.... - FrankC 18:18:04 09/05/14 (0)