Examples of Authentic Brands in a sentence
The press release touted the Company’s entry into the ABG Agreement, describing it as one of Tilray’s “Business Highlights” for the year: [Tilray] [a]nnounced a long-term revenue sharing agreement with Authentic Brands Group (“ABG”) to leverage their portfolio of brands and develop, market and distribute consumer cannabis products across the world.
On January 15, 2019, Tilray issued a press release announcing entry into a marketing and revenue sharing agreement with Authentic Brands Group (“ABG”), “an owner of a portfolio of global lifestyle and entertainment brands” (the “ABG Agreement”).
The press release touted the Company’s entry into the ABG Agreement, describing it as one of Tilray’s “Business Highlights” for the quarter: [Tilray] [c]ompleted a long-term revenue sharing agreement with Authentic Brands Group (ABG) to leverage their portfolio of brands and develop, market and distribute consumer cannabis products across the world.
That same day, Tilray hosted an earnings call with investors and analysts, in which management again touted the strength of ABG’s portfolio and highlighted the purported progress of the Company’s partnership with ABG, stating:[Tilray’s] strategic partnership with Authentic Brands Group which we announced in Q1 continues to build momentum with our first product launch planned for the second half of the year in the United States.
We account for the remaining 84 properties, or the joint venture properties, as well as our investments in Klépierre, HBS Global Properties, or HBS, TRG, and our retailer investments in Authentic Brands Group, LLC, or ABG, J.C. Penney, Rue Gilt Groupe, or RGG and SPARC Group, which includes Forever 21 as of February 17, 2021, using the equity method of accounting, as we have determined we have significant influence over their operations.
This accounting treatment was determined as the individual controlling Authentic Brands prior to the Business Combination also controlled the combined company post business combination.
During the pre-Business Combination period, net loss was attributable to Authentic Brands.
In connection with the Business Combination, 28,990 Incentive Units under the Plan fully vested and converted into Common Units in Authentic Brands that allow for their exchange into Class A Common Stock of BRC Inc.
Non-Controlling Interests Non-controlling interests represents the ownership interests in Authentic Brands held by holders other than BRC Inc.
In October 2011, Godwin and Craig executed a license agreement on behalf of MMCF with Authentic Brands Group (“ABG”), in which MMCF was required to pay ABG USD 1 million per year to use the Marilyn Monroe name.