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TheDomains.com

Breaking; HitFarm.com Closing Up On October 1st

August 29, 2014 by Michael Berkens

HitFarm.com is closing up its operations effective October 1, 2014

Here is an email we just received with the subject line “Re: Notice of Permanent Closure”

“We regret to inform you that Hitfarm will no longer be in service effectively from October 1st, 2014.”

“Accordingly, you will need to update your name servers for all domain names parked at Hitfarm.com by 11:59pm PST on September 30th, 2014. ”

“All outstanding payments as at September 30th will be made at the end of October.”

At this time we want to thank you for your past business and tell you how much we have appreciated having you as a client. We wish you continued success.

Please do not hesitate to contact us if you have any queries before October 1st, 2014.”

HitFarm.com is one of the oldest domain name parking companies and was started by the Ham brothers who are among the most successful domain investors in the world in their own under Vertical Axis.

Kevin Ham was once referred to in an article as the “Man who owns the Internet”

 

Filed Under: Domain Industry, Domain Parking

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Donna Mahony says

    August 29, 2014 at 10:48 am

    Best of luck to the team wherever you go next!

  2. Danny Pryor says

    August 29, 2014 at 10:49 am

    Well, I certainly am stunned. I wonder whether this is the result of the downturn in parking revenues that began in 2008 or something else.

  3. jose says

    August 29, 2014 at 10:57 am

    so, Hitfarm is breaking?
    >:)

  4. Dave Mead says

    August 29, 2014 at 1:50 pm

    This is another instance of recent industry consolidation.

    – Marchex got rid of their Google feed, and started parking elsewhere.
    – ParkingCrew acquired DomainParking.com/DomainSpa.com.
    – RookMedia acquired DomainSponsor.
    – DomainHoldings pivoted their traffic business, doing native ads instead of traditional domain monetization.
    – Matomy Media acquired ParkingCrew.

    Domain traffic is still out there, but margins are thinner and thinner, especially when competing against companies located in countries with more favorable tax structures. Google has also been squeezing margins with the parking companies on the backend. Not only that, Google has totally clobbered Yahoo, and completely owns all the good domain traffic now.

    Hitfarm was largely a vehicle for Ham’s O&O. I know he has dropped a lot of domains, and probably sold a bunch more, so it sounds like the additional margin was no longer worth the hassle.

  5. frank.schilling says

    August 30, 2014 at 12:02 pm

    I don’t know anyone still using Hitfarm although there might have been some stragglers. This more likely relates to formalities and closing the loop on future IP risk from the old days


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