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Trademark wicket falls as Dhoni clears “Captain Cool” legal hurdle

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MUMBAI: From cool finishes to cool trademarks MS Dhoni just scored another off-field win. The former India skipper’s bid to own the phrase “Captain Cool” for entertainment and sports services has crossed a major legal milestone, with the Indian Trade Marks Registry greenlighting his application for publication.

Filed under Class 41 for services spanning education, entertainment, cultural activities and sports training, the application originally submitted in June 2023 faced initial resistance from the Registry. The hurdle? A prior registration for Captain Cool under the same class by Prabha Skill Sports (OPC) Private Limited, which prompted a formal objection under Section 11(1) of the Trade Marks Act, 1999.

But Dhoni’s legal team wasn’t bowled over. At a hearing conducted under Rule 115 of the Trade Marks Rules, Advocate Mansi Aggarwal of Vidhi Samhita Advocates argued that “Captain Cool” is inseparably tied to Dhoni’s identity virtually synonymous with his calm, composed demeanour on and off the cricket field.

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The Registry agreed. It held that the term, in Dhoni’s case, was unlikely to cause public confusion given its entrenched association with the cricketer. With that, the objection was waived and the mark was accepted for advertisement under Section 20(1) of the Act.

The application was officially published in the Trade Marks Journal on June 16, 2025, setting off a four-month statutory opposition window. Any third party that believes Dhoni’s registration infringes their rights or could mislead the public has until mid-October to raise a formal objection.

If no opposition is filed during this period, Dhoni will secure exclusive rights to use “Captain Cool” for services including sports coaching, entertainment shows, cultural events, and more, a fitting legal badge for a man who made calm look effortless under pressure.

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Whether it’s chasing trophies or trademarks, MS Dhoni continues to play the long game and win.

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UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death

The adult video platform is seeking stability after the death of its billionaire owner

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LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).

The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.

The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.

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The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.

The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.

OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.

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