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DigitalTown “clean up efforts” to avoid bankruptcy

New management desperately trying to stave off bankruptcy. DigitalTown (OTC: DGTW), a company that has tried many business models and owns a lot of domains under new top level domains, is hanging by a thread. Last month the company named Sam Ciacco as the new CEO and former ICANN CFO Kevin Wilson as CFO. I’m […]

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.Com dominates North America. What about the ROW?

Country code domains are still the majority outside of North America. Take a look at the chart above. What do you notice? While .com dominates North America, it is secondary in ICANN’s other four regions. It’s easy to be United States-centric, but the reality of domain name demand is very different around the world. Afnic, […]

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Free.games domain sold at a big profit

WebQuest bought the domain name as part of a $100,000 package; sold free.games for $335,000. Last week DNJournal reported that free.games sold for $335,000. I believe this is the highest new top level domain sale between a domain investor and a buyer. There have been larger public sales but they were directly between the registry […]

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Celgene sues to get CellGene.com after trying to reverse hijack it first

Company hires new counsel after being found guilty of reverse domain name hijacking. In February of this year, pharmaceutical company Celgene (NASDAQ: CELG) was found to have engaged in reverse domain name hijacking in its attempt to get the domain name CellGene.com. The World Intellectual Property Organization panel found that Celgene attempted to mislead the […]

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CentralNic buys rest of Melbourne IT’s reseller business for AUD $24 million

CentralNic bulks up in Australia by acquiring carveout of what used to be Melbourne IT. Domain name company CentralNic (London AIM: CNIC) is acquiring TPP Wholesale from ARQ Group Limited (ASX: ARQ), formerly known as Melbourne IT. The company will pay total consideration of AUD $24 million (USD $16.6 million). CentralNic will pay AUD $21.3 […]

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CentralNic revenue doubled in 2018

Acquisitions boost CentralNic in 2018. Domain name company CentralNic (London AIM: CNIC) reported full year 2018 results today. The company’s revenue doubled to £42.7 million and gross profit was up 69% to £19.7m. Adjusted EBITDA, which excludes share based payments, expense for options, premium domain sales, foreign exchange, and non core operating costs, was up […]

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Tucows takes a short term hit but CEO Noss is optimistic

Company hits stumbling blocks in Q1. It is truly a quarter where it would be a lot easier to be private than public, but all of that makes me continually grateful for the nature of our investors. That’s what Tucows CEO Elliot Noss had to say about his company’s first quarter 2019 results released yesterday. […]

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The economics of domain name prices

ICANN has a duty to cap renewal prices of domain names. Today is the last day to comment on ICANN’s proposal to lift price caps on .org and .info domain names. If approved, the registries that run .org and .info will be able to raise prices as high as they want on both new registrations […]

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Verisign stock tops $200 per share

It’s not quite the dot.com boom, but Verisign’s share price has hit a key number. Verisign’s (NASDAQ: VRSN) stock price has eclipsed $200 per share for the first time since the dot com boom. Shares briefly traded for above $250 in March 2000 before the bubble burst. The company’s market cap is about $24 billion. […]

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Verisign posts earnings, nearly 70% operating margin

Results continue to tick upward as company pushes for price increases. .Com registry Verisign (NASDAQ: VRSN) reported first quarter earnings yesterday afternoon. It generated $306 million revenue for the quarter and a 69.4% non-GAAP operating margin. The business created $187 million in operating cash flow. People registered 9.8 million .com and .net domain names in […]

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