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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Sanchay, because of a little thing called Gross Domestic Product, but feel free to try the same graph globally and my point is valid. “TV” has been *flat* for at least four years and “tube” has OVERTAKEN it.
http://www.google.com/trends?q=tv%2Ctube
David, my point is DEVELOPMENT.
NY (and I was born in The Bronx):
You have a $500 bet.
I bet your $500 there will not be a $1,000,000 .TV sale by June 23, 2009.
If there is one, I applaud you and I will gladly pay.
Agreed?
David, Tulsa.com looks developed to me.
i’m really laughing now guys, boobtube.tv? actually admin, thats a pretty cool domain. Let me tell you I bought EscortTube.tv the other day and watch out for it in the near future!
Chris! you are so so wrong and obstinate it’s not even funny! Again let me assert something that I think is missing here. When you have big players following a trend, it’s worth taking note. Google bought youtube for over a billion dollars because they anticipate the future of video. Verisign control the .TV extension and ask premium annual rates, not because they are crazy, but because they anticipate again, the future! they realize major Television networks and businesses are very likely to be their future clients in a “BROADBAND” environment where video download of anything becomes seamless.
If people here really believe these firms and investors with track records like Chris Hannet who owns over 17,000 .tv domains are all deluded, then I’m sorry you guys really really don’t get it and are way too emotional.
One last thing, Admin said .TV has not made an impact in several years of it’s existence. Yes you are only partly right. Dot TV flunked during a web 1.0 phase and went into re-org until Richard Rosenblatt and Verisign came along to revive this great extension in web 2.0 which is now driven by video, social networking, mobile internet and broadband.
There is a massive difference! I bet even a hundred years from now, some people here will still be worshipping .com. personally it matters little to me, I own supremecourt.com for instance and a few other premiums and over 500 .coms.
The point is R&D of what is more likely to evolveand that is what the most sophisticated investors like Harnett do. We can learn from them and REAP!
David,
…Inside information sent Martha to jail, but just won me $500.
X___NY____
Sanchay:
Yes, I knew you meant development
A developed site can beat the pants off any parked site. My point was that Mr Daniels (owner of Tulsa.com) is wasting a great name by leaving it parked and he would have a monster branding advantage over any other Tulsa site if he launched it. Interestingly, Tulsa.com is one of the few undeveloped large US city.com’s left.
NY:
In that case, congratulations.
But please make sure the buyer is not the same party who “purchased” Pizza.com and Israel.com.
While we’re on the subject, I notice the Google trends graphs from NY’s website, showing .TV vs .BIZ vs .MOBI etc. so I thought this would be meaningful:
http://www.google.com/trends?q=.com%2C.tv
Sanchay:
Tulsa.com is as parked as a site can be.
Chris in regards to Gross National Product, well the EU is higher than the US and of course the world versus the US, the world wins.
Chris
I think the “red” .tv line you wouldn’t want to see if you were laying in the hospital bed hooked up to the heart monitor
Sanchay, I’m in Australia, but either way, it’s more meaningful than showing Guatemala like your graph did. Arguing that point with me is pointless to the discussion.
Either way, TV is a term that is rapidly becoming outdated.
LOL @ admin
Beeeeeeeeeeeeeeeeeeeeeeeeeeeep…
David, you are going to be proved wrong this time around or i’ll eat my hat! I reckon there will be a major .TV sale anytime soon, its gonna happen! Are you strongly suggestng News.TV is not way worth over 1 million dollars? even I would not sell EuropeanNews.TV for less than 1 million.
If you want the right value for your assets, don’t cross sell to other domainers uless you want chump change. Think like a commercial real estate agents and go after the right clients business clients who can afford what your assets are really worth.
haha…Chris!
Thanks for checking out the site. haha…and nice chart, and thanks for the update, I somehow missed that one. But my argument has NOTHING to do with the past, but more importantly the future. I never ONCE said it will overthrow .com, NEVER once, I did however say another VERY viable alternative has arrived–and NO domainer has the ability to stop the movement.
But I understand the hazy vision, considering the “industry leaders” fail to report/discuss what is *really going on–(millions in premium DOT TV domains sold/resold)…somehow those stories failed to surface, go figure.
But truth be told, he who hesitates is lost…
NY
Hey guys here’s a thought what if one of the new extensions that ICANN approves is .television.
Nothing to say that some company would propose it and under the “new” standards pony up $250K and away you go
Then what is .tv worth??
Robert:
Don’t get me wrong, I would love to see a dotTV sell for a million dollars. Buying ANY domain name for that much money in this market is a shot in the arm for the entire industry.
Mike,
Not just .television but how bout the major US and global networks going after their own TLDs like .abc, .nbc, .cbs, .fox, .cnn, .tnt, etc.
…. .television is your rebuttal? I pray for nothing more than these idiots to approve .television.
CHRIS! I get it…now I know why you hate DOT TV… Steve beat you to the punch. (reference; he who hesitates is lost; insert here)
Queensland.TV
Sydney.TV
Wellington.TV
Melbourne.TV
Brisbane.TV
GoldCoast.TV
“Not just .television but how bout the major US and global networks going after their own TLDs like .abc, .nbc, .cbs, .fox, .cnn, .tnt, etc.”
Well then Tony! if that happens, there goes all your valuable .com LLL domains!
Admin, .television should it ever happen will only give more impetus .TV makes sense and i’m sure you concede!
NY, in the time it will take .TV to gain momentum we won’t be calling the box in the living-room a “TV”. Add to that the fact that advertising money is rapidly draining out of television and heading for the Internet will undermine the term even more. In the next 12 months, Internet advertising will overtake TV advertising on a dollar-for-dollar basis.
People sitting in front of their PCs watching videos don’t think of themselves as “watching TV”. It’s an anachronistic term.
It would not be a stretch at all for the networks to apply for their own extensions.
Voting for reality shows, fantasy football, interactive television why wouldn’t the networks want .fox, .cbs, .mtv??
What is $250K to them. How many millions of people would want a name like mike.fox
NY, honestly I wouldn’t Queensland.TV etc. No end-user will buy them, no-one is typing them it, and I’m sure as heck not going to waste my time developing them into a site that no-one will visit.
“In the time it will take .TV to gain momentum we won’t be calling the box in the living-room a “TV”.”
Recap:
**Verisign spends $50 million/$4mm annually
**Demand Media sells $600k in premiums in 16 hours.
**HUNDREDS of thousands more in premiums registered and I could give you multi examples of $xx,xxx and x,xxx and even a few $xxx,xxx that never hit the “domainer press”.
**Million and BILLION dollar companies “adapt” to the reinvention of “media” content AND delivery, by investing and developing .TV domains.
**…dot com hardliners are still (somehow) denying the FACTS. It’s almost like an alcoholic, you’ve all convinced yourself your way is the “only” way, and that is an incredible mistake…
NY
Exactly, Mike. And why would Fox plunk down $1M for newyork.tv, losangeles.tv, etc when they can get all those localcities.fox for reg fees.
The big networks and media corps are the end users that would have the big money to throw at .TV but why would they if they could have their own extension? Does John Q Public even know .tv exists today? Only a small minority I would estimate.
I will concede .TV is on par with .com when nbc.com is redirected to nbc.tv, etc.
Chris, you are really living on another planet. Go check out Election.tv, that is a big site owned a deep pocketed company. You guy’s are so in denial and feel under threat!
**Verisign spends $50 million/$4mm annually
**Demand Media sells $600k in premiums in 16 hours.
**HUNDREDS of thousands more in premiums registered and I could give you multi examples of $xx,xxx and x,xxx and even a few $xxx,xxx that never hit the “domainer press”.
**Million and BILLION dollar companies “adapt” to the reinvention of “media” content AND delivery, by investing and developing .TV domains.
**…dot com hardliners are still (somehow) denying the FACTS. It’s almost like an alcoholic, you’ve all convinced yourself your way is the “only” way, and that is an incredible mistake…
All that waffle pales in comparison to other extensions. $600k in 16 hours is easy if you have enough deluded late-comers hoping to hit a jackpot that will never come. There are dozens of $600k sales of single .COMs that never hit the “domainer press” too. I’ve made some of them.
*YAWN*
By the way, those premium .TV renewal fees are going to start biting hard soon:
http://www.enom.com/domains/tv_names_browse.asp
Robert, wow! One developed .TV? That’s so awesome.
You should check out eBay.com – that’s a developed .com.
I am a Geo .TV investor/ developer.
Trust me when I say to all the .com Geo owners in particular as well as all domainers who make their living in this business whether it be via PPC or development, regardless of TLD, WE NEED TO STAY UNITED.
Bigger forces are at play that will try to take our names and usurp any advantage our domains currently carry.
Those wasting time on .com vs .tv are playing into the hands of those that do not think we as an Industry are a mature enough to defend our rights because this industry is full of egomaniacs and gunslingers that only care about themselves and their own interests.
At the end of the day, I too have my doubts about ability of many in this business to comprehend the fact that these pissing contests I see all over the place on domain forums about various topics are the equivalent of the Jews back in the late 1930′s in Poland arguing about whose storefront on the corner will get more business in 5 years.
Yes that is an over the top analogy. Certainly the domain industry and its internal dynamics can’t be compared to the holocaust without the danger of some taking it out of context and being offended. I assure all that read this that as an extremely proud American Jew, I take the Holocaust VERY seriously and want to assure all those out there that I am not by any means making light of one of the biggest atrocities in the history of mankind. However, while vastly exaggerated, I see no other analogy that more clearly gets my point across.
It did not matter whose storefront in the 1930′s Poland was better because the Nazis came and THEY WERE ALL WIPED OUT.
We must be allied against the corporate greed and laws that are coming fast. I myself will be the first to admit I have been guilty of getting caught up in these arguments in the past. I am not claiming to be better then anyone here, far from it. I just wish we could all see what is occurring around us.
Ones person’s success does not have to mean another person’s demise. We can all success and in fact I argue to a higher degree if we all work together.
There is enough room for all of us to be successful if we work hard. We are not each other enemies.
To the .com guys that think they are bulletproof and do not need anyone else. Shame on you. History has time and time slapped down such narrow minded souls with a sharp does of reality.
Anybody who says they know how this will pan out in 20 years is just plain full of it.
NOBODY KNOWS FOR SURE. NOBODIES CURRENT BUSINESS MODEL IS SAFE OR BEYOND BEING SEVERELY IMPACTED, PERIOD.
Hi Brian, I just checked out your site. Great portfolio of .tv names, well done and all the best!
Brian, you’re right – no business model is safe. However, they’re not all equal. Some are safer than others.
BTW, something is wrong with your hosting – it’s agonisingly slow.
Chris, …oh buddy, you’re sinking. Do they have quicksand in the outback?
1) No one is visiting .TV? (false)
2) No endusers are interested/acquiring .TV? (false)
hahahahaha…(the TIP of the iceberg)
Vator.TV launches as “THE” industry bible for INVESTORS.
uStream.TV turns down $50 million from MICROSOFT.
LX.TV acquired by NBC for $10 million
Navic.TV acquired by MICROSOFT for $300 million
Surface.TV acquired by MICRSOFT for $27,000
FORA.TV receives $4.0 mm from the Hearst Corp.
BrightRoll.TV receives $5 mm
Overlay.TV receives $4.6 mm
Pandora.TV recieves $6 mm
Blip.TV receives $X mm from Skype founder
VideoClix.TV recieves $1 mm
BlinkX.TV recieves $2 mm
Knocka.TV recieves $5 mm
Kyte.TV receives $5.6 mm
Mesmo.TV receives $1 mm
TripR.TV receives $ 4.8 mm
PartyPoker.TV
Mercedes-Benz.TV
HamptonRoads.TV
MTV.TV
TNT.TV
Cn8.TV
Brian
Nice to see you here.
As for me i am looking at this little discussion tonight as a bunch of guys having a little fun.
If your a frequent reader to my blog, I think you will agree that no one has warned the domainer community of the threats and attacked that are coming at us, trying to unite all domainers to face the fight,and to promote the ICA the only organization dedicated to domainers.
In just the past week I have already exposed unethical behavior of domain drop auctions, the devastating effect that the Yahoo-Google would have on all domainers, directly or indirectly, and the negative changes to Sedo parking system forced by Google.
I think its time to kick back a little and enjoy a little harmless debate.
Brian
Besides I would love to see us break the 100 comment mark.
Update
In the news tonight another quote from Mr. Twomey
“Apart from the .com, .net or .org, the 1.3 billion web users will be able from early 2009 to acquire generic addresses by lodging common words such as .love, .hate or .city or proper names,” ICANN president Paul Twomey said.
Under this new proposal, many more domains like .mac, ..apple, .intel and .dell. could be approved
if people were to start navigating to sites like Mike.ebay or car.nyc, then obviously .com will loose its traffic.
This is doomsday for domainers. Its time we should all go to Arab Saudi or Russia and open up an Oil Rig.
Oil prices will continue to rise!!!
NY, funny how, with the exception of surface.tv, no-one has ever heard of those domain sales, or by “receives” do you mean that someone invested in the site? By the way, if we’re comparing apples with apples, buying a website is not the same as buying an undeveloped domain. If those are websites, I can throw plenty of billion-dollar developed .coms back at you.
Show me undeveloped .TVs that have sold, not developed sites that may have had millions spent on advertising to get them where they are.
I agree with you there admin, lets break 100 tonight! can you believe its almost 5.30am in London where I am. This has been one of the most interesting debates i’ve participated in in a long long time!
Hey NY…ur the best! you certainly know your stats and give some of these parochial thinkers a run for puny .com’s! …er just kidding!
To make any reference to the Holocaust is beyond over the top, and whether you are proud or not was a stupid statement.
And no we are not all on the same team that line is so naive it is not funny. There are many people who own domains who cannot stand one another for many reason.
And to Chris who has this guy been drug tested ? it will still be called TV samsung and sony will still make and sell LCD TV’s and next OLED TV’s but whatever you have to tell yourself. Dilution affects everyone and .com takes the biggest fall. because if prices and that’s what people care about, what they can sell for. If a great .com that should fetch $800,00 can only get $500,000 that is $300,000 the registrant is out now where a .net that would have got $1500 oh now only sells for $800. Percentage wise its bigger but its the amount that is more important.
Chris, you are so obstinate! You obviously don’t follow what’s going on online. If you are not remotely aware of a bulk of those .tv domains that NY clearly extrapolated, then …are you a domainer?
Sounds to me like you just enjoy being provocative!
Robert he is just the typical .commer and NY whoever you are way to show the info.
Hugh, I bet you heard about the “information super-highway” while you were listening to the “wireless”.
In a few years “TV” will be just as outdated as those terms.
Chris, “receives”…FUNDING. Everything has a starting point…A, B, C, 1, 2, 3. I was replying to YOUR comment, how no one is interested in, or visiting .TV sites. But just by your response, it CLEARLY indicates that you have VERY little knowledge of the space; WHICH equates you have NO business passing judgement within a MILE of the FACTS–since you HAVE none. A few posts ago, I mentioned to go do your homework–and I’ll check your list later. But i’ll let you know how my meetings go this with a few BILLION dollar companies. And this week after I flip yet another .TV to enduser, i’ll also CC you on that. If “they” weren’t “interested” don’t you think things would be a “bit” different…? Ps: Didn’t you want a copy of these email inquiries from those BILLION dollar companies interested in my .TV plans? Just curious…
100! Thank you!
Robert, get back to my point – are those domain sales or website sales? They’re two different things. I can spend $10 million advertising fartgas.tv to sell it to Microsoft for $2m. Show me DOMAIN SALES, since this blog is “THE DOMAINS” not “THE WEBSITES”.
101 . lol
NY, I couldn’t care less about website sales, or your imaginary .TV inquiries. Show me actual, money-in-the-bank domain sales.