According to a press release out this morning, the domain name Music.com is up for sale exclusively with DomainAdvisors.com
Beyond being in what is in my opinion one of the top 10 generic .com domain names, there are 8 applicants for the new gTLD .Music, including Google and Amazon.
According to the press release , Music.com gets “approximately One Million visits per month”.
Here is what Google had to say about Music in its application for the new gTLD .Music:
There is a significant audience for music on the Internet, as supported by industry data: over 10 billion songs have been downloaded on iTunes since its launch in 2001; Pandora total listener hours were approximately 2.1 billion for the third quarter of fiscal 2012 and total global digital music sales were $5B in 2011.
The sale was announced by Jeff Gabriel President of DomainAdvisors.com who sold the domain name Sex.com for a record setting price of $13 Million in 2009.
There is no reason why Music should not break that record in my opinion especially considering all the extra traffic Music.com is set to receive once .music TLD is delegated to the root.
Here is the press release:
“DomainAdvisors is very excited to announce that Music.com, arguably one of the world’s most valuable domain names, is being privately marketed for sale.”
“The Music.com domain name stands alone in terms of caliber, depth and scope, truly encompassing the multi-billion dollar music industry. Rarely does a domain offer such huge potential to dominate any online space – let alone the online music space – and will likely only appreciate in value over time.”
“Highly marketable, memorable, and category defining, Music.com offers a unique global branding opportunity for a new or established company to capitalize on a universally recognized word included in nearly 300 Million Google searches each month.”
“Music.com remains an unspoiled brand that currently attracts approximately One Million visits per month. ”
“Notable music industry stats include:
Amount of money spent on Music Downloads last year: $5.2 Billion
Number of songs downloaded in 2011: 3.6 Billion
Online Music industry growth compared 2010: 17%
Number of Subscribers to online music services: 13.5 Million
Percentage growth of online music services: 65%
Most downloaded song in 2011: “Just The Way You Are” by Bruno Mars with 12.5 Million downloads
According to DomainAdvisors’ President, Jeffrey Gabriel, “There are only a handful of domains in the world that dominate the largest and most competitive online industries and Music.com is one of them. Music.com is of the same caliber of Insurance.com, Weather.com or even Sex.com which sold for 13,000,000 USD.”
“Jeffrey Gabriel sold Sex.com in 2009.”
For more information on the Music.com property, please write to Jeff@DomainAdvisors.com