Thanks for your comment, Alexandre! £148K a day does sound insane. But since the figure comes from a WIPO director, I suppose it's legit (but notice the "allegedly"…). I don’t know Jaiya personally, but I’d love to ask him where that number comes from. The references to Ermal Fraze that you dug up are excellent—maybe indeed where Jaiya took his inspiration...
Right. Wasn't doubting Jaiya personally. Just a researcher's reflex of checking information and data points.
The Fraze case is interesting to me in part because the patent registration allegedly came after significant success (65% of the market). And the brewery to Alcoa angle can help put things in a different perspective from a possible case involving Coca Cola.
It might be useful to get documentation on the monetary value of the specific ring-pull can invention mentioned in Jaiya's presentation (different version available here: https://www.wipo.int/edocs/mdocs/sme/en/wipo_ip_bak_03/wipo_ip_bak_03_www_34147.pdf ).
Having a hard time finding specific mentions of license fees bringing such a steady income stream.
Maybe it was inspired by Ermal Fraze's (US Patent 3,349,949 https://patents.google.com/patent/US3349949A/en)?
Sounds like early licensees were Pittsburgh Brewing Company and Alcoa.
https://web.archive.org/web/20131206222838/https://ohiohistorycentral.org/w/Ermal_Fraze
https://web.archive.org/web/20160429055421/https://lemelson.mit.edu/resources/ermal-fraze
Thanks for your comment, Alexandre! £148K a day does sound insane. But since the figure comes from a WIPO director, I suppose it's legit (but notice the "allegedly"…). I don’t know Jaiya personally, but I’d love to ask him where that number comes from. The references to Ermal Fraze that you dug up are excellent—maybe indeed where Jaiya took his inspiration...
Right. Wasn't doubting Jaiya personally. Just a researcher's reflex of checking information and data points.
The Fraze case is interesting to me in part because the patent registration allegedly came after significant success (65% of the market). And the brewery to Alcoa angle can help put things in a different perspective from a possible case involving Coca Cola.