12 Feb '15, 2am

.Online partnership splits, one company will operate new TLD

Companies end .online partnership, but all three will help market the domain name. A three company partnership for the .online top level domain name has broken up, and it appears Radix will now run the domain name by itself. A partnership between Radix, Tucows and NameCheap won the contention set auction for .online last year, reportedly paying more than $10 million for the domain name. All three parties then made capital contributions to the partnership to cover the cost of the auction and running the business. On Tucows’ 4th quarter conference call this afternoon, CEO Elliot Noss reported that the companies decided to end the partnership based on diverging businesses. Two of the partners will receive their capital contributions back and have entered into marketing arrangements when the new TLD becomes available. Noss noted that the partnership was formed a couple years a...

Full article: http://domainnamewire.com/2015/02/11/dot-online/

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