Joint venture
Summary
A joint venture (JV, sometimes 'J-V') is a legal entity formed between two or more parties to undertake an economic activity together. It is a term more restricted to the US and the 'new' countries on the world map such as India and China.The JV parties agree to create, for a finite time, a new entity and new assets by contributing equity. They then share in the revenues, expenses, and assets and "control" of the enterprise.In European law, the term 'joint-venture' is an elusive legal concept, better defined under the rules of company law. In France, the term 'joint venture' is variously translated as 'association d'entreprises', 'entreprise conjointe', 'co-entreprise' and 'entreprise commune'.
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Carphone Warehouse likely to buy Best Buy out of European joint venture
Carphone Warehouse Group could buy US retailer Best Buy out of their joint venture in Europe, putting it in line for a return of up to £550m.
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Bahamas Site Visit a Joint Success for RCMA Members
Bahamas Hosts 17 Religious Conference Management Associations Members Seventeen faith-based planners traveled to Nassau, Bahamas in October on a first-ever joint venture to explore the country as a destination for religious meetings and events. read more.
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Rupert Murdoch criticises Penguin Random House as 'faux merger'
Rupert Murdoch has voiced his scepticism over Penguin's joint venture with Random House, describing the deal as a "faux merger disaster".
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Advertising: Brooklyn Brothers Agency Aligns With Hollywood Writers and Producers
The New York agency Brooklyn Brothers and several Hollywood writer and producers have started a joint venture to produce video that promotes products while entertaining viewers.
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Penguin Random House aims to attack digital, emerging ebooks markets
A deal sealed over a weekend – Pearson and Bertelsmann are combining their consumer book publishers Penguin and Random House in a joint venture to save money that can be invested in the future of digital content.
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What Would A Sale Mean for Current TV?
Al Gore and Joel Hyatt's Current TV—the network that hired Keith Olbermann out of his post-MSNBC free-fall, then quickly parted ways with him—is reportedly up for sale. A spokeswoman for the network confirmed that Current has entertained three seperate offers this year and is also seeking a new round of funding to give it a much-needed boost.
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NBC Digital Announces Executive Editors
NBC News Digital (formed last July after Microsoft caughed up its remaining 50 percent of its joint venture) beefed up its masthead on Tuesday (Oct. 2) with a slew of internal promotions.
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Media Decoder Blog: Apple's Plans for Internet Radio Come Up Against Big Music Publisher
Sony/ATV, a joint venture between Sony and the estate of Michael Jackson, is directly negotiating for digital rights to its music, opting out of the "blanket" license system that had been standard.
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Apple's Plans for Internet Radio Run Up Against Big Music Publisher
Sony/ATV, a joint venture between Sony and the estate of Michael Jackson, is directly negotiating for digital rights to its music, opting out of the blanket license system that had been standard.
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Redbox wants to start streaming before Santa comes
The Redbox Instant by Verizon joint venture wants to have its Netflix competitor up and running in time for the holidays, according to a Bloomberg report. A Verizon exec told the news agency that the service is currently being tested by 500 of its employees, and that there is going to be a short public beta test before it finally launches between late November and mid-December.
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