Somebody made a small bet that could land them in Hollywood on the red carpet at a big movie premiere or it could land them in court. Either way, I have to wonder if this will finally teach Hollywood a little lesson on Internet marketing? You really need to watch your domain names.
According to the United States federal law known as the Anticybersquatting Consumer Protection Act, is registering, trafficking in, or using an Internet domain name with bad faith intent to profit from the goodwill of a trademark belonging to someone else. The cybersquatter then offers to sell the domain to the person or company who owns a trademark contained within the name at an inflated price.