Oscars Academy Loses Cybersquatting Battle

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More than $29m (£18m) had been demanded from domain name company GoDaddy over Oscars-linked addresses.

A five-year legal battle by the organisers of The Oscars over alleged cybersquatting has ended in defeat.
The Academy of Motion Picture Arts and Sciences accused domain registrar GoDaddy of illegally profiting from its trademarks by selling domain names including academyawards.net and oscarsredcarpet.com.
It demanded $100,000 (£64,000) per infringement, equal to more than $29m (£18m).
But GoDaddy resisted repeated attempts by the Academy to settle the case, and eventually won after a four-day trial.

Check out the complete article here
 
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