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Tommy Hilfiger's licensing unit contends in the suit that Goody's stores infringe its logo by selling clothing with unauthorized imitations of the company's flag trademark.
The bridegroom, 38, works in New York as a senior vice president of Major League Baseball and the general counsel for its marketing and licensing unit.
The company cut expenses in the quarter by 30percenttoto $181.4 million, with reductions coming at its publishing and consumer electronics licensing unit.
Mr. Shenk, 36, is an expert in rights licensing who has risen rapidly through the Corbis ranks since he was hired in 2003 from Universal Studios, where he started a small licensing unit.
Current owners E W Scripps announced yesterday that they had struck a $175m £115mm) deal to sell United Media Licensing, a licensing unit that generates sales worth $2bn a year, with the bulk of that connected to the Peanuts characters.
Disney's broad character franchises – like Mickey Mouse and Jack Sparrow of Pirates of the Caribbean fame – are exploited across its theme parks and resorts business, which accounts for 30% of revenues, and its merchandise and licensing unit, which accounts for a further 10%.
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Johnson may be best known to TechCrunch readers as a managing partner at the Founders Den, but his past experience includes serving as chairman of the Wireless VoIP Consortium and vice president of Dolby Laboratories' technology standards licensing business unit.
Don't think the price is a knock on the scaling capability, however, because due to some in-house engineering on the scaler (which saves money on licensing), this unit is still impressive. .
The license for Unit 2 expires in September 2013, and for Unit 3 in December 2015.
The license for Unit 2 is scheduled to expire in September 2013, and the one for Unit 3 in December 2015.
James Steets, a spokesman for Entergy, said that financing would not be a problem because the company still expects to obtain new 20-year licenses for Units 2 and 3, which would allow time for savings to grow, and to prevail on the state permit issue.
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