So are you Ready For Hundreds of New Domain Extensions?
During the ICANN Meeting in Paris this week, ICANN annouced that it was seriously considering whether to opening up domain names to endless variations and approve hundreds of new extensions including .berlin, .paris, .quebec .cat (for Catalonia) and one for the big apple, .nyc
“We’re talking about introducing potentially thousands more names,” said Paul Levins, executive officer of Icann “The addressing system hasn’t fundamentally changed since its invention. These changes have the potential to have a huge impact on the way we express ourselves on the Net.”
Icann’s board is poised to vote on whether to set up the broad criteria for approving new domain names with limitless possibilities. It would allow companies to turn their own brands into domains or to create broad product groups such as .car, .sports or .bank.
Ebay is already a contender to use its name, according to Levins, who added, “You can imagine the branding opportunities.”
So is everyone ready for .ebay??
It is now expected that ICANN will adopt a new system, which would set in motion a process that eventually would start to open up the Internet to hundreds of new names by the beginning of next year.
Icann estimated that only 17 percent of an available pool of 4 billion network addresses remained, and they are expected to run out in the next five years.
The application fee for a domain name has not been set, but candidates estimate that it could range from $39,000 to $390,000.
Icann is also prepared to set up an auction system if competing groups bid for the same name.
Private companies would reap their profit by selling the domain names to registrars, which would then sell them to individual customers.
Icann is also setting up standards that would allow the regulator to reject applications from people who try to grab trademarked names or to rebuff proposals on moral grounds or because of community objections.
“They’ve discussed scenarios where someone wants to have .football and how to cope with it if it means soccer or football. And they’ve also talked about what happens if someone proposes .jihad,” said Lenz-Hawliczek, from the Berlin project. “It’s a really complex issue, and we’ve been discussing it for the past three years. It’s not easy.”
With hundreds of new extensions what would the effect be on the valuation of exsiting extensions?
Our guess, .com’s maybe become even more valuable as confusion will reign when people have too many choices, they will naturally default back to .com’s.
County codes would be much less valuable as every major world city will get their own extension.
extensions like .info, .biz will suffer.
.Net’s I think are also in jeopardy of devaluation.
.Org’s I think will be have the most stable valuation after .Com’s
Geo domains might be at the most risk.
Is Brooklyn.com as valuable if there is a Brooklyn.nyc?
One thing is for certain.
For trademark holders, domainers and anyone else who want to protect their brand, its going to get very expensive to register hundreds maybe thousands of domains using different extensions.
And if companies are allowed their own extension, what a money maker it would be.
People will be lining up to get their personal and/or business name.
mike.ebay or mike.google
Got to love those.
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Hugh
Now you just need to figure out how to develop 5K names in a month and you would on to a big money maker.
The term tv is used everyday and the only tube term is for you tube. TV will be here long after you are gone. So you suck it up or whatever else you suck.
FlatScreenTelevisions.com is Nice Michael you own it a long time ? Any offers on the domain ?
Hugh, hahah
Sure the term “tube” is only used on YouTube, but that’s one solitary site that has produced more searches for the term “tube” (not even the full term “youtube” which gets more) than searches for “TV” in only two years. People in the future will watch video online, not on a regular “dumb” television, and you can bet the kids won’t call it a television.
You still didn’t answer my questions, by the way.
Bought it at domainfest in january for 7K
Actually, didn’t I sell FlatScreenTelevisions.com to you Michael? I had LargeScreenTVs.com as well at some point, and Television.org and Televisions.org.
Chris
I bought it through the auction, if you owned it then I bought it from you.
Do I get a rebate??
Do you know how many searches there are for tv and something else ? and what question was that ?
And let me ask you a question, Do you think I give a flying fuck what your opinion is ? I was discussing the Geo and .geo extensions when you and Robert and Ny turned this into .tv discussion.
And I am 23 and always call it a tv or turn on the tv and so does everyone I know. Never heard one idiot say turn on the tube. There are millions worldwide that are years away from hooking up a pc and flatscreen and watching it. The Techno elite sure. The plumber in Chicago ? no the President in Kenya ? NO Again TV will be around long after you are gone.
7k nice Michael
Actually, Hugh, David Castello mentioned TV being archaic and you said “Hysterical thanks for the laugh”. Posts 32 and 33. I guess you have cognitive dissonance.
Right, I joined in after it started and I think it was hysterical. From a money standpoint, sales taking a potential hit IMO .com has the biggest worry all the other extensions like .tv no one paid big money in the aftermarket if you sell a hand reg for $3000 instead of $10,000 it is still a nice roi, if you paid $500,000 for a .com maybe you need to worry a little.
And again my first posts one can see were about the geo vs geotld Robert came in and then David made a post that me and three others here laughed out loud so I discussed .tv.
I’m not worried about names I’ve paid six-figures for because in three years they’ll be worth twice what I paid.
Perhaps you don’t realize that we’ve heard all this before. First it was .WS, then .TV (the first time around), then .BIZ and .INFO were going to wipe out .COM, then it was .TV again and dozens of others like .TRAVEL, .PRO, .AERO, .COOP, .NAME, .JOBS (yes, it exists!). Now it’s .WHATEVERTHEHELLYOUWANT.
I’ll still be here making six and seven figure sales in a few year’s time, and you’ll still be paying your end-user-priced .TV renewals.
Michael thanks for the laughs and good luck with the blog and flatscreentelevisions.com
To the idiot, I don’t have any premium renewal .tv secondly I do not believe .tv replacing .com. Thirdly in three years you maybe down 10 to 15 %
And trust me I make high 6 figures in the real world this is all just fun and games probably why I am discussing it at 3 am. Real Business is 9 to 4 pm but keep on keeping on.
Good heads up on the ICANN thing Michael.
Hugh, sorry to hear you still need a real job
This comment section is giving Perez Hilton a run for his money. Much success to the .tv developers. Seems like a perfectly fine space to develop in, but investing a lot in adjoining .coms would only help, which is why they should stay so valuable. The .com natural traffic is very much undervalued. Tulsa.TV is fine, but I would be actively pursuing and willing to pay a lot for TulsaClubs.com, TulsaRestaurants.com, TulsaRealEstate.com etc. Undeveloped .tv, ehh I don’t get it, very much overvalued in my opinion.
So, what does everybody think of .ME?
It is funny that the conversation has completely steered of course, with major emphasis on dot TV instead of the consequences of having the so many extensions, that we would have to stop counting after a few hundred.
There are a lot of people out there that think that .INFO is the next best thing after dot com but that is just my 2 cents.
Will, the topic hasn’t really steered off course if you consider that .TV is an example of an existing extension that is a word or term, so it can be used as an example of what we can expect with new extensions. No existing extension has made any significant impact on .COM, even though some, in the case of .TV, have had over 10 years in the marketplace and others, like .INFO, have a large registration base. Two extensions which would be obvious choices for new extensions are .TRAVEL and .JOBS. However, both of those have existed for nearly three years, but virtually no-one has even heard of them.
I am a big beliver in the .tv ext and have made some very succesful sales in the ext anywhere from low xxx sales to a couple of high xx,xxx
but i find many who have invested in the ext to be totoally naive with their expeectaions – particularly those who have invested heavily in the geo.tv space that carry with it high renewals…
there is nothing magical about owning the key generic of a geo.tv – unless the site gets developed….so I find that constant finger pointing at successful geo.tv sites such as Tampa.TV, Hampton Roads.TV – blah blah is a vain attempt to suggest that any keyword geo will be a similar succes….
It wont – the reason why is that those successful sites have one thing in common – they are developed sites – which means alot of blood sweat and tears went into getting sponsors, selling web space, building up local community contacts etc…..without that hard work and investment of moiney and time – they would be parked pages – much like the empire of names with huge renewal fees owned by MCB and ASBN -until at least a single site gets developed – it is sitting there gatheriung dust and renewal fees….
I personally own two geos – SanJose.TV and Thailand.Tv with a total renewal fee of $1500 – I can afford to renew ad infinitum – until I find a business partner to develop the site with me…..but I am under no illusion – owning a great geo in the .tv ext means jack shite on its own……..
one can try and make deals with the big network boys – but what you have to offer is so small – they will sooner buy the name off you then do a deal – and I see no deal over the last 24 months and I see no sale either….
Let no one be in any doubt whatsoever – owning a top end geo.tv name does not buy you anything other than high renewal fees (with the exception of the rare reg fee geo of course) it certainly does not buy you a free lunch
…hahahahahahahahahaha,
POST NUMBER 172 gets the gold medal for “most uneducated” of the day.
Thanks for playing!
Ps: I love this one, “Geo.TV means Jack *hit on its own…hahah, NO my friend, YOU owning a Geo .TV means Jack *hit on its own, good luck with the development with GP….haha,
Macon.TV
Nebraska.TV
Spokane.TV
Boston.TV
Montreal.TV
Tulsa.TV
RawVegas.TV
AtlanticCity.TV
OceanCity.TV
WesternAustralia.TV
Broadway.TV
Oztralia.TV
HamptonRoads.TV
InRich.TV
Hollywood.TV (blasted on E! every single evening)
…should I keep going? I have more…Vegas.TV $350k…?LasVegas.TV asking $1,000,000…But I suppose you suggest all these organizations have failed to comprehend “your” expert views on the space. hahaha…please just sell me your Geo domains so I don’t have to listen to this nonsense anymore.
Along while ago, a little bird told me, “FOLLOW THE MONEY”…but it probably is more humorous that you came on here and bashed and discredited your own investments, haha, great move!
Educate yourself, …please.
Back to the topic at hand which is not .TV but the effect of hundreds of new extension on all existing extensions.
This is going to happen folks.
Vote is on thursday.
The only question is timeframe, cost and then we wait and see how many companies step up and apply.
The effect will not be know until 2010.
You know what’s really great about .tv, .mobi, and .tel ?
Me either.
Rob
I think there are around 500 good .me domains that would be useful.
However the registry is holding most of these back and will be auctioned off. So for $50 a year they are worth it but if you have to pay thousands and thousands for each of these 500, I think not.
If 300 new extensions are added, I am predicting that 300 extensions will fail; bring them on. There have already been extensions that were added that didn’t do well.
I agree with many of you that these new extensions will only enhance the value of .com’s, but I think a lot of you also miss the mark in another area: .info’s.
The only reason .com’s are the most popular extension has to do with the fact that they were the first extension out. This extension does not have meaning in any language other than English.
Furthermore, many people in other countries equate the .com extension with companies in America, this is why country codes have successfully taken off. People are like lemmings, they follow each other and have no common sense when doing so.
Websites under the .com extension vary in quality from poor to superior, and are spread out among many owners from individuals to billion dollar corporations.
They have appreaciated so much in value, that the likely-hood that they will be consolidated into one portfolio to keep the quality experience consistent is virtually impossible.
The .info suffix is ideal because when people go online, they are looking for information. It is the only suffix that has meaning in over 32 languages around the world. The generic terms under this extension are in the hands of very few.
This last fact will enable those who own these generic terms to control quality and to create a superior experience across the board.
The .info suffix is ideal for creating directories online. Directories are needed for every subject matter from A thruough Z because there is so much information out there, the consumer needs something to help them cut to the chase.
I am predicting that over time, the .info suffix will gain increasing importance as a place to find directory information.
Allen
.info have disappointed.
If they have say only gone from point A-C in the few years how are they going to A-F with hundreds of new extensions?
To be clear I don’t expect .com to be effected that much, but I do think they will be effected somewhat.
Remember before there was cable (maybe your not old enough) there was CBS. NBC, ABC (no fox yet) a local station or 2.
Then 300 cable stations came along.
So what happened?
The main networks are still the most watched.
However they do not have the same percentage of the population viewing since there are more choices.
So there you have it.
All extensions will be effected.
We think .com’s and .org’s the least
I recently read your comments about the apolitical and globally open virtues of investing in a .tv domain.
I totally agree, and have a portfolio, of just under 100 .tv domains, 60 of which are geodomains. The cities where we live. And our 60 geodomains are first rate – the top ten largest cities by population in India, Bangkok (over 10 milion), Jakarta, Singapore, Rome etc.
Highlights of this list include:
adelaide.tv ahmadabad.tv bali.tv bangalore.tv bangkok.tv bangladesh.tv brisbane.tv burmese.tv byronbay.tv chennai.tv changmai.tv chiangrai.tv delhi.tv goldcoast.tv hanoi.tv hobart.tv hochiminhcity.tv indonesia.tv indore.tv ipoh.tv iakarta.tv johorbahru.tv kanpur.tv kotabahru.tv kualalumpur.tv kuantan.tv laos.tv lucknow.tv lumbini.tv mecca.tv medan.tv melbourne.tv mumbai.tv nagpur.tv palembang.tv palmcove.tv newguinea.tv patna.tv pattaya.tv perth.tv phnompenh.tv phuket.tv portmoresby.tv rome.tv semarang.tv siemreap.tv sihanoukville.tv singapore.tv srilanka.tv sydney.tv taipeh.tv theholysee.tv themaldives.tv pacificislands.tv thephillipines.tv templemount.tv ujunpandang.tv vientiane.tv vrindavan.tv wellington.tv
Internet Geodomains are the new real estate, are, and will remain as long as we use technology to communicate televisually, the most logical and preferred arena for marketing and communications.
It is like watching and being able to see the city where you live – not via a print only phone book or newspaper with scattered classified ads – but in an instantly accessible, televisual colorful manner.
I am the registrant of sixty (60) of the world’s most valuable geodomains.tv Pan Asia wide and Globally.
Our portal design, we are now rolling out, is an easy to navigate template (see: http://www.brisbane.tv) and our geodomains look after a population of two billon citizens.
Each of our city portals offer almost 7000 of the world’s best links, combined in a unique, colour coded, touch-screen ready graphical user interface.
Steve Ballmer has said the future is Display Ads on the net. We agree. And we believe the most intuitive and most natural way to this end is via – geodomains – the cities where we live.
We firmly believe a registrant is a custodian, and must uphold common decency when it comes to a geographic internet geodomain.
The success of other early leaders and first mover entrepreneurs in the .com geodomain sphere – such as Boulevards.com and Associated Cities, shows geodomains will become increasingly important. Always – .com is great in the USA – and .TV is great everywhere, as it is apolitical and a universally recognized acronym for Tele Visual, all one needs is the technology to see things displayed – such as an Apple iphone, a laptop, a desktop or a flat screen tv.
My advice to any budding geodomain investor and display advertiser is – act like an executive in a major bricks and mortar real estate and development business acts – liase with the major goods and services providers (shopping mall owners) universities, public elected officials and those responsible for looking after organizations like existing governmental city internet sites. If you act professionally – you will receive respect and professionalism back in kind.
Act professionally. And at all times – don’t forget charitable awareness. Our site has fee free display advertising for many local charities and global entities such as Unicef and the WWF.
When it comes to selling display ads – take the main street and the Wal Mart approach to brand promotions – respect the world’s best – and remain family friendly in terms of content, links and advertising displays.
Our front end graphical user interface is ideally suited to touch screens at home, the back of airplane seat monitors, laptops, and for use with the newly released Sony Viao TP2 (a product sold in unison with Microsoft – and is fantastic) is colour coded and simple to navigate.