19 Mar '15, 2pm

ICANN budget proposal shows new TLDs weaker than expected

As registrars predicted, 2015 forecast was too rosy. ICANN released its 2016 draft FY16 Operating Plan & Budget for the fiscal year beginning this July, and it shows weaker-than-expected new top level domain name results in the current year. The group expects just $14.1 million in revenue from new TLDs for FY 2015 (which ends in June). That’s well below the budgeted $19.8 million. That $19.8 million number itself was a shadow of its original proposed forecast after ICANN slashed the number of new TLD registrations it expected . ICANN’s final 2015 budget predicted 15 million registrations in new TLDs (down from 33 million in the draft). That’s about three times as many domains are currently registered with only a few months to go. Registrars were skeptical of this 15 million forecast, and expressed concern that ICANN would make up budget shortfalls by getting more money fro...

Full article: http://domainnamewire.com/2015/03/19/icann-budget-proposa...

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