Business News

Cosmotourist and the Publisher of the Magazine Cosmopolitan, the Media Giant Hearst, Come to an Agreement Over a Trademark Dispute

Wednesday 04. February 2009 - The Bavarian travel community has obtained registration from the responsible US authorities for the trademark Cosmotourist.

For over a year, proceedings have been going on with the media giant Hearst Inc. who had challenged Cosmotourist’s trademark registration for the US market. Obtaining trademark registration in the US is a significant milestone for Cosmotourist.

Frederik Kraus, managing director of the as yet privately financed start up quoted the following, “This is a great start for the New Year. We are very happy to have been able to come to this agreement with Hearst. During the dispute we felt a bit like being David in the story of David and Goliath as we refused to be intimidated by our powerful opponent. It was also quite right that we commissioned attorney Kristin Achterhof of Katten Muchin Rosenman LLP, one of the most renowned law firms, to aid us in the proceedings. In any case, we can now concentrate all our energy on the success of our innovative travel guide concept. Our members (all of whom are passionate travellers) have published over 50,000 travel tips and well over 150,000 photos with us in less than 2 years. This is the very proof that our concept has terrific scope!”