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What role do intellectual property rights play in the sports industry?
  • a)
    Intellectual property rights limit access to sports events and broadcasts.
  • b)
    Intellectual property rights facilitate the negotiation of broadcasting and sponsorship deals.
  • c)
    Intellectual property rights promote unfair competition and monopolies in sports.
  • d)
    Intellectual property rights discourage innovation and creativity in sports equipment.
Correct answer is option 'B'. Can you explain this answer?
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What role do intellectual property rights play in the sports industry?...
Intellectual property rights play a crucial role in the sports industry by facilitating the negotiation of broadcasting and sponsorship deals. Trademarks, copyrights, and other intellectual property rights protect the branding, broadcasting rights, and merchandise associated with sports events, teams, and athletes. These rights enable sports organizations, leagues, and franchises to monetize their assets, attract sponsors, and maximize revenue streams from broadcasting, licensing, and merchandising agreements. Intellectual property rights also provide legal frameworks for protecting the integrity, authenticity, and commercial value of sports brands, logos, and memorabilia, enhancing their marketability and consumer appeal. By leveraging intellectual property rights, stakeholders in the sports industry can establish strategic partnerships, expand their fan base, and generate revenues that support the development and sustainability of sports at all levels. An interesting additional fact is that intellectual property rights in sports extend beyond traditional assets to include digital content, virtual experiences, and esports, reflecting the evolving nature of sports entertainment and engagement in the digital age.
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The passage given below is followed by a set of questions. Choose the most appropriate answer to each question.Not many Britons watch Who Wants to be a Millionaire? these days. The quiz show, which routinely drew more than 15m viewers in the late 1990s, now attracts fewer than 5m. While Millionaire is fading in the country that invented it, though, it is thriving elsewhere. This week Sushil Kumar won the top prize on the Indian version of the programme. Cote dIvoire is to make a series. Afghanistan is getting a second one. In all, 84 different versions of the show have been made, shown in 117 countries.Hollywood may create the worlds best TV dramas, but Britain dominates the global trade in unscripted programmesquiz shows, singing competitions and other forms of reality television. Britains Got Talent, a format created in 2006, has mutated into 44 national versions, including Chinas Got Talent and Das Supertalent. There are 22 different versions of Wife Swap and 32 of Masterchef. In the first half of this year, Britain supplied 43% of global entertainment formatsmore than any other country.London crawls with programme scouts. If a show is a hit in Britainor even if it performs unusually well in its time slotphones start ringing inproduction companies offices. Foreign broadcasters, hungry for proven fare, may hire the producers of a British show to make a version for them.Or they may buy a bible that tells them how to clone it for themselves.The risk of putting prime-time entertainment on your schedule has been outsourced to the UK, says Tony Cohen, chief executive of FremantleMedia, which makes Got Talent, Idol and X Factor.Like financial services, television production took off in London as a result of government action. In the early 1990s broadcasters were told to commission at least one-quarter of their programmes from independent producers. In 2004 trade regulations ensured that most rights to television shows are retained by those who make them, not those who broadcast them. Production companies began aggressively hawking their wares overseas.They are becoming more aggressive, in part because British broadcasters are becoming stingier. PACT, a producers group, and Oliver Ohlbaum, a consultancy, estimate that domestic broadcasters spent 1.51 billion ($2.4 billion) on shows from independent outfits in 2008, but only 1.36 billion in 2010. International revenues have soared from 342m to 590m in the same period. Claire Hungate, chief executive of Shed Media, says that 70- 80% of that companys profits now come from intellectual propertythat is, selling formats and tapes of shows that have already been broadcast, mostly to other countries.Alex Mahon, president of Shine Group, points to another reason for British creativity. Many domestic television executives do not prize commercial success. The BBC is funded almost entirely by a licence fee on televisionowning households. Channel 4 is funded by advertising but is publicly owned. At such outfits, success is measured largely in terms of creativity and innovationputting on the show that everyone talks about. In practice, that means they favour short series. British television churns out a lot of ideas.Yet the countrys status as the worlds pre-eminent inventor of unscripted entertainment is not assured. Other countries have learned how to create reality television formats and are selling them hard. In early October programme buyers at MIPCOM, a huge television convention held in France, crowded into a theatre to watch clips of dozens of reality programmes. A Norwegian show followed urban single women as they toured rural villages in search of love. From India came Crunch, a show in which the walls of a house gradually closed in on contestants.Ever-shrinking commissioning budgets at home are a problem, too. The BBC, which provides a showcase for independent productions as well as creating many of its own, will trim its overall budget by 16% in real terms over the next few years. The rather tacky BBC3 will be pruned hardnot a great loss to national culture, maybe, but a problem for producers, since many shows are launched on the channel. Perhaps most dangerously for the independents, ITV, Britains biggest free-to-air commercial broadcaster, aims to produce more of its own programming.Meanwhile commissioners tastes are changing. Programmes like Wife Swap, which involve putting people in contrived situations (and are fairly easy to clon e), are falling from favour. The vogue is for gritty, fly-on-the- wall documentaries like One Born Every Minute and 24 Hours in AE. There is a countervailing trend towards what are known as soft-scripted shows, which mix acting with real behaviour. Made in Chelsea and The Only Way is Essex blaze that peculiar trail.These trends do not greatly threaten the largest production companies. Although they are based in London, their operations are increasingly global. Several have been acquired by media conglomerates like Sony and Time Warner, making them even more so. Producers with operations in many countries have more opportunities to test new shows and refine old ones. FremantleMedias new talent show, Hidden Stars, was created by the firms Danish production arm. Britain is still the most-watched marketthe crucible of reality formats. But preliminary tests may take place elsewhere.There is, in any case, a way round the problem of British commissioners leaning against conventional reality shows. Producers are turning documentaries and soft-scripted shows into formats, and exporting them. Shine Groups One Born Every Minute, which began in 2010 as a documentary about a labour ward in Southampton, has already been sold as a format to America, France, Spain and Sweden. In such cases the producers are selling sophisticated technical and editing skills rather than a brand and a formula. With soft-scripted shows, the trick is in casting.The companies that produce and export television formats are scattered around London, in odd places like Kings Cross and Primrose Hill. They are less rich than financial-services firms and less appealing to politicians than technology companies. But they have a huge influence on how the world entertains itself. And, in a slow-moving economy, Britain will take all the national champions it can get.Q.Which of the following cannot be concluded from the passage?

Directions: Read the following information and choose the right alternative in the questions that follow. During the cultural week of an institute six competitions were conducted. The cultural week was inaugurated in the morning of 19th October, Wednesday and continued till 26th October. In the span of 8 days six competitions namely debate, folk dance, fash-p, street play, rock band, and group song, were organized along with various other cultural programs. The information available from the institute is: i. Only one competition was held in a day ii. Rock band competition was not conducted on the closing day. iii. Fash-p was conducted on the day prior to debate competition iv. Group song competition was conducted neither on Wednesday nor on Saturday v. None of the competition was conducted on Thursday and Sunday vi. Street Play competition was held on Monday vii. There was a gap of two days between debate competition and group song competition. Which pair of competitions was conducted on Wednesday?

Directions: Read the following information and choose the right alternative in the questions that follow. During the cultural week of an institute six competitions were conducted. The cultural week was inaugurated in the morning of 19th October, Wednesday and continued till 26th October. In the span of 8 days six competitions namely debate, folk dance, fash-p, street play, rock band, and group song, were organized along with various other cultural programs. The information available from the institute is: i. Only one competition was held in a day ii. Rock band competition was not conducted on the closing day. iii. Fash-p was conducted on the day prior to debate competition iv. Group song competition was conducted neither on Wednesday nor on Saturday v. None of the competition was conducted on Thursday and Sunday vi. Street Play competition was held on Monday vii. There was a gap of two days between debate competition and group song competition How many days gap is there between rock band competition and group song competition?

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What role do intellectual property rights play in the sports industry?a)Intellectual property rights limit access to sports events and broadcasts.b)Intellectual property rights facilitate the negotiation of broadcasting and sponsorship deals.c)Intellectual property rights promote unfair competition and monopolies in sports.d)Intellectual property rights discourage innovation and creativity in sports equipment.Correct answer is option 'B'. Can you explain this answer?
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What role do intellectual property rights play in the sports industry?a)Intellectual property rights limit access to sports events and broadcasts.b)Intellectual property rights facilitate the negotiation of broadcasting and sponsorship deals.c)Intellectual property rights promote unfair competition and monopolies in sports.d)Intellectual property rights discourage innovation and creativity in sports equipment.Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about What role do intellectual property rights play in the sports industry?a)Intellectual property rights limit access to sports events and broadcasts.b)Intellectual property rights facilitate the negotiation of broadcasting and sponsorship deals.c)Intellectual property rights promote unfair competition and monopolies in sports.d)Intellectual property rights discourage innovation and creativity in sports equipment.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What role do intellectual property rights play in the sports industry?a)Intellectual property rights limit access to sports events and broadcasts.b)Intellectual property rights facilitate the negotiation of broadcasting and sponsorship deals.c)Intellectual property rights promote unfair competition and monopolies in sports.d)Intellectual property rights discourage innovation and creativity in sports equipment.Correct answer is option 'B'. Can you explain this answer?.
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