23 Sep '14, 1pm

CentralNic: Early new TLD demand below industry expectations

Company says its registry operations are showing steady growth despite delays and low demand for new TLDs. CentralNic (AIM: CNIC) issued its interim financial report for the first half of 2014 today. The company, which is the backend registry operator for a number of top level domains, said it’s realizing steady growth in the registry “against a background of delays in new Top-Level Domains (TLDs) and early demand levels across the industry falling short of industry expectations.” In the same release, it mentions its investment in .Ticket registry Accent Media Ltd that values .Tickets at $13.5 million . Incongruous? Maybe, maybe not. I think the general line of thinking amongst new TLD backers is that initial demand was lower than expected, but they still think the long game plays out well for them. That’s the only explanation for companies paying what they are to win cont...

Full article: http://domainnamewire.com/2014/09/23/centralnic-early-new...

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