Demand Media Applies For 26 gTLD’s & Is Partners With Donuts, Inc. on 107 New gTLD’s
“The company selected gTLD names in categories connected to an extremely broad range of interests and capabilities including: ecommerce, personal & professional identity, education, entertainment, internet life, sports, small business and social media.”
In addition to the 26 gTLD’s Demand Media applied for, they also “entered into a strategic arrangement with Donuts Inc., an Internet domain name registry founded by industry veterans, through which it may acquire rights in certain gTLDs after they have been awarded to Donuts by ICANN.”
“These rights are shared equally with Donuts and are associated with 107 gTLDs.”
Last week Donuts announced that they applied for 307 new gTLD’s, which means that Demand are equal partners in 107 of the 307 new gTLD’s domain name extensions they applied for.
Demand Media did not name the new gTLD’s they applied for, so we will get that info in a couple of days on June 13th.
“Further, as previously announced, a subsidiary of Demand Media has been selected as the technical registry operator for both Demand Media and Donuts.”
Richard Rosenblatt, chairman and CEO, Demand Media. is quoted as saying “We believe the new gTLD program represents a significant milestone in the evolution of the Internet,” said “In addition to delivering more choice for consumers and business owners, we expect the domain name expansion to spur innovation and new business opportunities.”