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Article: CKX Partners with Muhammad Ali; Company Acquires 80% Interest in Name, Image, Likeness, Trademarks and Existing Licensing Agreements of the ''Greatest of All Time''.
- Article from:
- Business Wire
- Article date:
- April 11, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- CKX, Inc. (NASDAQ: CKXE), announced today that it has acquired an 80% interest in the name and likeness of Muhammad Ali, widely recognized as the greatest athlete of the 20th century and goodwill ambassador to the world. The transaction includes the rights to the name, image and likeness of Mr. Ali, certain trademarks owned by Mr. Ali and his affiliates and the rights to all existing Ali license agreements. Mr. Ali, through affiliates, will retain a 20% interest in the business, which will be operated through a newly formed company named G.O.A.T. LLC. G.O.A.T., which stands for "Greatest of All Time," is a trademark of G.O.A.T. LLC and the name by which Mr. Ali ...
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Article: What's in a name? In this case, $50 million for Muhammad ...
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700+ words
...Muhammad Ali is for sale. Actually, he's already ... to wait a long time before you see Muhammad Ali's picture on a coffee mug," Sillerman ... respectful that this is a decision that Muhammad Ali and Lonnie Ali made together." Sillerman has reasons ...
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