29 Jul '16, 11am

Why Verisign paid $135 million for the .web top level domain

I think Verisign might view this as an opportunity to turn the greatest threat from the new TLD program into guaranteed profitable business. Since operation of registry for .COM is based on contract that is not guaranteed for next terms, Verisign needs to secure its business and earnings somehow. And because many Internet users, businesses and domainers see .WEB as a real competition and/or threat to .COM namespace, being a .WEB registry is the best opportunity to secure its future market share. After Sunrise period, Verisign will most likely come with matching program, allowing current .COM (and possibly after that also .NET) registrants to register matching .WEB domain names before a general availability kicks in. With $30 registration and renewal fees (what we used to pay to Network Solutions for .COM/NET 15+ years ago), it should be a reasonable business model that wil...

Full article: http://domainnamewire.com/2016/07/29/verisign-paid-135-mi...

Tweets

Breaking: .Web top level domain name auction en...

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The auction to determine who gets to run the .web top level domain name has concluded with a $135 million price. This is b...

Whoa! .WEB auctioned for $135 million.

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The auction to determine who gets to run the .web top level domain name has concluded with a $135 million price. This is b...

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The auction to determine who gets to run the .web top level domain name has concluded with a $135 million price. This is b...

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