Thats right folks. If the registries get their way in their new revised contracts thats what alot of us will be saying and you could be renewed out of business. Currently the negotiations are only on .biz, .org, and .info. The registries will have the right to place any value they see fit on any domain. A bit like .tv (which is managed by Verisign also the manager of .com and.net) So you can very well bet if .org, .info, and .biz get their contracts modified to allow this Verisign will soon follow with .com and .net.
The registries themselves say "We would never do that." As far as raising the registry price. And yes one could very well renew for 10 years before the change but for one if you're like me 10 year renewals onhundreds if not thousands of names is alot to swallow. In addition think of this senario. What if a government decided they don't like porn (lmao) and they put presure on the ICANN and ICANN puts pressure on the registry to change certain if not all adult related domain renewals to $1,000,000 a year.
Here's the prpossed agreements
http://www.icann.org/announcements/a...-2-28jul06.htm
Think about it folks and email your comments to the email below. Only a few days left. Comments can be posted to:
[email protected]
You can view other comments on the matter below
http://forum.icann.org/lists/biz-tld-agreement/