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Franchises
Franchise may refer to: Arts, entertainment, and media * Media franchise, a collection of related creative works, such as films, video games, books, etc., particularly in North American usage * "Franchise" (short story), a 1955 short story by Isaac Asimov * Dem Franchize Boyz, an American hip hop group from Atlanta * '' Franchise Times'', a business magazine for franchises in the United States * "Franchise" (song), a 2020 song by Travis Scott * '' Franchise: The Golden Arches in Black America'', a 2020 book by Marcia Chatelain that won the Pulitzer Prize for History * Franchise Pictures, a film production company Business * Franchising, a business method that involves licensing of trademarks and methods of doing business to franchisees * Franchise, a privilege to operate a type of business such as a cable television provider, public utility, or taxicab company, sometimes requiring the filing of tariff schedules, as in: ** Television franchise, a right to operate a televi ...
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Media Franchise
A media franchise, also known as a multimedia franchise, is a collection of related media in which several derivative works have been produced from an original creative work of fiction, such as a film, a work of literature, a television program, or a video game. Bob Iger, chief executive of the Walt Disney Company, defined the word ''franchise'' as "something that creates value across multiple businesses and across multiple territories over a long period of time." Transmedia franchise A media franchise often consists of cross-marketing across more than one medium. For the owners, the goal of increasing profit through diversity can extend the commercial profitability of the franchise and create strong feelings of identity and ownership in its consumers. Those large groups of dedicated consumers create the franchise's fandom, which is the community of fans that indulge in many of its media and are committed to interacting with and keeping up with other consumers. Large franchis ...
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Passenger Rail Franchising In Great Britain
Passenger rail franchising in Great Britain was the system of contracting the operation of the passenger rail, passenger services on the Rail transport in Great Britain, railways of Great Britain to private companies, which was in effect from 1996 before being greatly altered in 2020, and effectively abolished in May 2021. In 2024 rail franchising was formally abolished, with rail contracts set to enter government control at the expiration of their contracts from 2025 onwards. The system was created as part of the privatisation of British Rail, the former state-owned railway operator, and involved franchises being awarded by the government to train operating company, train operating companies (TOCs) through a process of competitive tendering. Franchises usually lasted for a minimum of seven years and covered a defined geographic area or service type; by design, franchises were not awarded on an exclusive basis, and day-to-day competition with other franchises and open access ope ...
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Franchise Times
''Franchise Times'' is an American business publication covering franchising in the United States. The magazines has reports on franchising trends and legal issues, franchisor and franchisee success stories, family business matters, and interviews with celebrities who are involved in franchising History ''Franchise Times'' was created by Crain Communications in 1994 under the title ''Franchise Buyer''. The name was changed in 1996 to ''Franchise Times''. In September 1998, John Hamburger, owner of Franchise Times Corp purchased the rights to the ''Franchise Times'' trademark, subscription and advertiser lists, copyright, web domain name, and back issues. He saw restaurant chains were moving into the franchise arena and wanted to expand his restaurant coverage to that growing trend. Hamburger also purchased ''Continental Franchise Review'' (''CFR'') in 1998. A newsletter that covered franchise developments, Hamburger combined it with ''Franchise Times.''. He hired the form ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in t ...
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Sports League
A sports league is a group of individual athletes, sports teams or clubs who form a league to compete against each other and gain points in a specific sport. At its simplest, it may be a local group of amateur athletes who form teams among themselves and compete periodically, at its most complex, it can be an international professional league making large amounts of money and involving dozens of teams and thousands of players. Terminology Misuse of term Many uses of the term league in sports and for sports organizations are misnomers as the term league relates specifically to the form of organization, requiring persons or bodies to be in league together. A sport competition owned and controlled other than by its participant players, teams or clubs is not a league. Synonyms In many cases, organizations that function as leagues are described using a different term, such as association, conference, division, leaderboard, or series. This is especially common in individual sp ...
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Franchise Tag
In the National Football League (NFL), the franchise tag is a designation a team may apply to a player scheduled to become an unrestricted free agent. The tag binds the player to the team for one year if certain conditions are met. Each team has one franchise tag (of either the exclusive or non-exclusive forms) and one transition tag per year. In most seasons, the transition tag can only be used if the team does not use a franchise tag; with exceptions as stipulated in the Collective Bargaining Agreement (CBA). For example, Article 10 of the CBA signed in 2011 stipulated that, in the Final League Year, teams were allowed to use both the franchise tag and transition tag for the 2020 NFL season. The tag option allows NFL franchises to retain a "franchise player" who is valuable to a franchise. The one-year, guaranteed contract that is offered to the player is a known, non-negotiated salary. If a designated player does not sign the offer and is unable or unwilling to negotiate an alt ...
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Franchise Player
In professional sports, a franchise player is an athlete who is both the best player on their team and one that the team can build their " franchise" around for the foreseeable future. Overview In the United States, outstanding players were referred to as "franchises" at least as far back as the 1950s."franchise, n. I. 2. c. (b)" OED Online. June 2003. Oxford University Press. June 2010. By the 1970s, the concept of a "franchise" player who single-handedly generates success was commonly understood in the sporting trade. The term ''franchise player'' was in widespread use by the early 1980s to describe both star rookies like John Elway and Kelvin Bryant and veterans like George Brett. While the term is primarily associated with North American sports, it is sometimes used in reference to athletes in sports outside the United States, such as rugby league. See also * Designated player (other) *Franchise tag In the National Football League (NFL), the franchise tag is a ...
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North American Professional Sports League Organization
Professional sports leagues are organized in numerous ways. The two most significant types are one that developed in Europe, characterized by a tiered structure using promotion and relegation in order to determine participation in a hierarchy of leagues or divisions, and a North American originated model characterized by its use of franchises, closed memberships, and minor leagues. Both these systems remain most common in their area of origin, although both systems are used worldwide. Etymology The term league has many different meanings in different areas around the world, and its use for different concepts can make comparisons confusing. Usually a league is a group of teams that play each other during the season. It is also often used for the name of the governing body that oversees the league, as in America's Major League Baseball or England's Football League. Because most European football clubs participate in different competitions during a season, regular-season home-and-aw ...
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Franchise Jurisdiction
Jurisdiction (from Latin 'law' and 'speech' or 'declaration') is the legal term for the legal authority granted to a legal entity to enact justice. In federations like the United States, the concept of jurisdiction applies at multiple levels (e.g., local, state, and federal). Jurisdiction draws its substance from international law, conflict of laws, constitutional law, and the powers of the executive and legislative branches of government to allocate resources to best serve the needs of society. International dimension Generally, international laws and treaties provide agreements which nations agree to be bound to. Such agreements are not always established or maintained. Extraterritorial jurisdiction is exercised through three principles outlined in the UN charter. These are equality of states, territorial sovereignty and non-intervention. This raises questions of when can many states prescribe or enforce jurisdiction. The ''Lotus'' case establishes two key rules to the ...
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Suffrage
Suffrage, political franchise, or simply franchise is the right to vote in public, political elections and referendums (although the term is sometimes used for any right to vote). In some languages, and occasionally in English, the right to vote is called active suffrage, as distinct from passive suffrage, which is the right to stand for election. The combination of active and passive suffrage is sometimes called ''full suffrage''. In most democracies, eligible voters can vote in elections for representatives. Voting on issues by referendum ( direct democracy) may also be available. For example, in Switzerland, this is permitted at all levels of government. In the United States, some states allow citizens the opportunity to write, propose, and vote on referendums ( popular initiatives); other states and the federal government do not. Referendums in the United Kingdom are rare. Suffrage continues to be especially restricted on the basis of age, residency and citizenship ...
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Franchise Deductible
In an insurance policy, the deductible (in British English, the excess) is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses. In general usage, the term ''deductible'' may be used to describe one of several types of clauses that are used by insurance companies as a threshold for policy payments. Deductibles are typically used to deter the large number of claims that a consumer can be reasonably expected to bear the cost of. By restricting its coverage to events that are significant enough to incur large costs, the insurance firm expects to pay out slightly smaller amounts much less frequently, incurring much higher savings. As a result, insurance premiums are typically cheaper when they involve higher deductibles. For example, health insurance companies offer plans with high premiums and low deductibles, or plans with low premiums and high deductibles. One plan may have a premium of $1,087 a month with a $6,000 deductible, whil ...
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