28 Jun '12, 2pm

ICANN On Excess Funds From Fees & Auctions: “We’re Not Going To Give You The Money Back”

350 million from application fees, and (I estimate) another 150 million from auction proceeds, that will bring the total revenue for the first round to about half a billion dollars. If you add another couple of billion for all the future rounds that are going to be done in the next ten years, then ICANN could be sitting on close to 2.5 billion dollars. Application fees might be reduced in the future, but the total revenue will still increase if there is going to be tens of thousands of new applications in future rounds. I predict that ICANN will generate more money off of the auctions than what they would off of the application fees, so the auctions might actually become the primary source of revenue in the future.

Full article: http://www.thedomains.com/2012/06/28/icann-on-excess-fund...

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