THE BOYZ to keep using group name after their current agency ONE HUNDRED and former label IST Ent reach agreement
The dispute referring to THE BOYZ' community name rights has reach an end as each and every their fresh and musty agencies occupy managed to reach a mutual agreement. Be taught on to know tiny print.
THE BOYZ will finally fetch to retain the usage of the identical name after joining the modern company. Their modern label ONE HUNDRED purchased embroiled in a dispute with their musty company IST Leisure over the trademark rights of the name. Previously, IST Leisure claimed that that they had granted free usage rights completely to the 11 contributors, nonetheless, ONE HUNDRED refuted announcing their claim was as soon as mistaken. The 2 companies were finally in a location to reach a mutual agreement, laying followers’ worries to the relaxation.
On December 6, ONE HUNDRED issued a public observation announcing, “We met with IST Leisure a smoothly reached a mutual agreement on the usage of THE BOYZ trademark three agreements followed by that.”
They added that although first and major there was as soon as hostility over this dispute, the company made an effort whereas pondering referring to the community and their followers. “We sincerely thank IST for collaborating in the negotiation with an launch mind,” ONE HUNDRED stated, whereas moreover apologizing to The B (fandom name) for inflicting pains.
They added because the community is now starting anew with them, they’ll actively reduction and provide every thing wanted for their success.
For the unversed, THE BOYZ, who debuted in 2017, terminated their contract with IST Leisure on December 5, 2024. Then again, rapidly after, and started caring about their future as disputes arose referring to the usage of their name. The modern company first and major stated that they failed to reach an agreement with their musty label and even began brooding about different names adore The Boyz, The Unusual Boyz, and TNBZ.
Later, IST Leisure claimed that that they had granted free usage rights to the 11 contributors completely, no longer to the modern company. Then again, ONE HUNDRED launched a counter-observation announcing that their claims are mistaken. At some level, many moreover felt it was as soon as okay for the oldschool company to set a matter to some ‘price’ earlier than transferring the trademark rights.
Rapidly after, IST Leisure reiterated, “Contrary to what has been reported, we occupy already decided to provide all 11 contributors of THE BOYZ with the staunch to exercise the trademark for free and occupy already conveyed this to the contributors,” emphasizing that they can exercise it for their any solo or individual actions.”
The supreme agreement is now elevating anticipation for the community’s modern originate below ONE HUNDRED.
Source credit : pinkvilla
