WSJ.com: “Domain Wheeling and Dealing Applicants for New Web Extensions Head to ICANN Meeting
The Wall Street Journal just covered a story about the anticipated wheeling and dealing expecting to occur at the ICANN meeting this week.
The story is entitled “Domain Wheeling and Dealing, Applicants for New Web Extensions Head to ICANN Meeting” WSJ.com
“Entrepreneurs and big companies are battling one another for the rights to manage hot new Web address endings, including .app, .home and .book. Some are gathering in Prague this weekend, where they may decide to team up and pursue a contested domain together or duke it out.”
“At this weekend’s meeting, many of those seeking the rights to contested domains say they intend to meet with their competitors.”
“Some hope to discuss teaming up to reach arrangements where one party might agree to withdraw an application so that another technically would have the rights to manage the name in question. But they would work together to manage the name and share profits if ICANN were to later approve the remaining application. ”
“It is also possible that some domain seekers will offer to pay their rivals to back out entirely. ”
The story cover single applicants like Planet.eco LLC, and Big Room which both applied for .Eco to Far Further, LLC which applied for .Music. to multiple new gTLD’s applicants like Google, Microsoft, L’Oréal to Donuts, Inc. to Top Level Domain Holdings.
Of course I’m also already in Prague to cover the story for you.
Well actually in all candor I’m also here to do some business on behalf of Right of the Dot, LLC as well but there should be story lines and developments coming out of the conference which affect the domain industry for years to come.
To read the whole WSJ story click here