In its letter to ICANN today, Neustar the operator of the .Biz registry, notified ICANN that it will be raising the wholesale cost of a .Biz domain name registration or renewal to $8.63 effective September 1, 2013
Once the increase goes into effect the wholesale cost of a .Biz registration will be higher than the wholesale cost of a .Com
Currently the wholesale price of .Biz is exactly the same amount of a .Com $7.85 .
According to the most recent monthly report filed with ICANN, the .Biz registry has 2,336,510 domain names.
The price increase of $.78 will add around $1.8 in additional revenue to Neustar the operator of the .Biz registry.
What effect do you think the price increase will have on the number of .Biz registrations going forward?