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ARTICLE · 13 SEPTEMBER 2023

Market Intelligence Thought Leadership Award Winner

Barbie: Why Do Trade Marks And Licences Mattel?

"Humans only have one ending. Ideas live forever." -Ruth, Barbie Movie (2023). Whilst ideas themselves can't be protected under IP, the expression of ideas...

United KingdomIntellectual Property

"Humans only have one ending. Ideas live forever." -Ruth, Barbie Movie (2023).

Whilst ideas themselves can't be protected under IP, the expression of ideas, technically speaking, can, provided they meet the legal requirements. The expression of these ideas can be protected under four main categories of IP rights, which include patents, designs, Trade Marks and copyright.

One of the most important and lucrative IP rights for media and entertainment businesses can be Trade Marks, which act as the 'face' of a brand. Usually, Trade Mark owners will use these rights to build their reputation in a brand and protect it from being infringed by third parties or even becoming diluted. However, they can also be used to generate a source of income via licences. Trade Marks are particularly important to brand owners, given that they can be kept 'alive' and therefore licensed forever, provided they are continuously renewed.

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