19 Feb '12, 2pm

Demand Media Plans On Investing $5 Million In New gTLD’s

Demand Media Plans On Investing $5 Million In New gTLD’s 2012 February 19 by Michael H. Berkens As part of Demand Media’s earning report , it appears Demand Media has plans for applying for a number of new gTLD’s. In the section of the earnings report “looking forward” to 2012 to serve as guidance to investors of the company’s Demand states: “”Excluding up to $5 million of 2012 operating expenses, which the Company expects to incur related to its generic Top Level Domain (“gTLD”) initiative” Demand Media did not address its $5 Million dollars anticipated investment in the new gTLD’s its conference call which followed the earnings report . At roughly $200K per application it could mean the Demand is planning on applying for some 25 new gTLD strings. Interestingly at least two former execs of Demand that received restricted shares in Demand and may well still be shareholders...

Full article: http://www.thedomains.com/2012/02/19/demand-media-plans-o...

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