WOW .web -- $130 Million paid by the successful applicant.
We walked away with a steal with .cam ;)
Someone (cough, cough VeriSign) just gave ICANN $135m for the rights to .web {} The Register
We walked away with a steal with .cam ;)
Someone (cough, cough VeriSign) just gave ICANN $135m for the rights to .web {} The Register
Industry speculation is that the owner of the dot-com registry, Verisign, is secretly behind Nu Dot Co and plans to purchase .web in order to remove what could be a serious competitor to its dot-com crown.
Earlier this week, in paperwork submitted to US financial watchdogs, VeriSign declared it will "pay approximately $130.0 million for the future assignment of contractual rights, which are subject to third-party consent. The payment is expected to occur during the third quarter of 2016."
That suggests VeriSign coughed up $130m for .web, and Nu Dot Co added $5m to retain a stake.
Another slated possibility is that publicly listed company Neustar – which previously bought the .co top-level registry from the Nu Dot Co executive team – is behind the company.
Whoever bought .web will be listed on this ICANN page, when the DNS overseer gets round to updating it.
Earlier this week, in paperwork submitted to US financial watchdogs, VeriSign declared it will "pay approximately $130.0 million for the future assignment of contractual rights, which are subject to third-party consent. The payment is expected to occur during the third quarter of 2016."
That suggests VeriSign coughed up $130m for .web, and Nu Dot Co added $5m to retain a stake.
Another slated possibility is that publicly listed company Neustar – which previously bought the .co top-level registry from the Nu Dot Co executive team – is behind the company.
Whoever bought .web will be listed on this ICANN page, when the DNS overseer gets round to updating it.

Comment