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TheDomains.com

Startup Using New gTLD Pocket.Watch Launches With Backers Including Robert Downey Jr & Les Moonves of CBS

April 6, 2017 by Michael Berkens

A new startup with huge backing is launching under the new gTLD domain name Pocket.Watch

The startup with describes itself as a new kind of entertainment company:

“In today’s ever-expanding, shape-shifting entertainment universe, we’re planting a flag for kids.

A new kind of entertainment company, Pocketwatch is fresh, fast and exuberant — combining the vitality of today’s digital grassroots with the enduring power of classic, epic storytelling.

It’s for small-screen video and big-screen blockbusters, games, toys, and everything else kids love.

A daring outlet for creators and visionaries, Pocketwatch creates, acquires, distributes and curates content across many platforms. But more than anything Pocket.Watch is the entertainment headquarters kids have been waiting for.”

The backers of the company read like a who’s who of Hollywood:

Robert Downey Jr.
Downey Ventures

Les Moonves
Chairman of the Board, President, and CEO, CBS Corporation

Jon Landau
Producer, Avatar & Titanic

Chris Jacquemin
Partner, Head of Digital Media, WME-IMG

Steve Friedlander
EVP, Theatrical Distribution, CBS Films

Doug Robinson
Television Producer, The Goldbergs and Rules of Engagement

Mike Moumoutjis
GM, Digital Commerce, Goodbaby

Matt Diamond
CEO, Defy Media

Doug Hirsch
Co-Founder & Co-CEO, GoodRX

Don Keller
Partner, Orrick

Anil Singh
Chief Sales & Marketing Officer (Former, 1995-2001), Yahoo!

Jonathan Skogmo
Founder & CEO, Jukin Media

Moj Mahdara
Co-Founder & CEO, Beautycon Media

Matthew Leaf
Co-Head, Motion Picture Business Affairs, CAA

J.P. Williams
President & CEO, Parallel Entertainment Pictures

Robert Goldberg
CEO, Fresno Inc.

Brad Zions
Angel Investor

David Sievers
EVP (Former 2010 – 2016), Maker Studios

Obviously the founders and backers of the company could have afforded any domain they wanted including Pocketwatch.com, which is currently parked and for sale, but they elected for the new gTLD domain Pocket.Watch
For kicks and grins the domain name PocketWatch.com has a value of $133,000 on Estibot.com and Pocket.Watch has a value of $7,000.
You can argue that the company should have acquired the matching .com before announcing but they seem certain in their certainty that they want to be known as Pocket.Watch

Filed Under: Domain Names, Domains, Media, New gTLD's Tagged With: pocket.watch

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. Nigel says

    April 6, 2017 at 8:41 am

    Good news, and an intelligent buy.

  2. Gene says

    April 6, 2017 at 9:37 am

    Wow!

    Talk about a purely objective, big money validation that dot-com is no longer viewed as essential.

    Sure they’ll eventually acquire the matching dot-com…but this seems like they’re making a definitive statement to the world about branding this company without constraints.

    • STRIKER says

      April 6, 2017 at 9:52 am

      “Sure they’ll eventually acquire the matching dot-com…but this seems like they’re making a definitive statement to the world about branding this company without constraints.”

      Your last sentence invalidates the one previous to it — you made me LOL ;0)

      • gene says

        April 6, 2017 at 1:17 pm

        I do think “that they’ll eventually acquire the matching dot-com” – because they’ll be able to afford to do so. But I don’t think that they’re really concerned here with traffic leakage. And if someone tries to ride their coattails using the dot-com version, they’ll just file a UDRP.

        But my initial statement is the main point, i.e., that, for certain businesses, dot-com is no longer ESSENTIAL.

        While most domainers (including myself) still believe that dot-com is king and will remain so for years to come, this is one of those important case studies demonstrating that some (very) sophisticated end-users either don’t see it that way,…or, frankly, don’t care enough to think about the issue. And this, particular, case study should NOT be ignored, especially given the major investors & investments.

        What the ‘dot-com or die’ crowd should start worrying about is that this becomes a frequent story line, or even a trend, rather than be just an aberration.

    • Snoopy says

      April 6, 2017 at 4:59 pm

      They likely have no clue what they are doing, though $6million funding isn’t a lot either.

  3. Konstantinos Zournas says

    April 6, 2017 at 10:25 am

    Pocket.Watch sold last month for $6,800.
    See Sold.Domains.

  4. HIGHEST.DOMAINS says

    April 6, 2017 at 1:43 pm

    For a such a perfect l.r combination a rather affordable price.
    Nevertheless, with so many possibilities to create a domain today, this sale could also be seen as a (modest) hit.
    A sale is always better now than (maybe) never.

  5. John says

    April 6, 2017 at 5:28 pm

    It’s a bit like branding as “Rotary.Phone” only even more dated for their target audience.

    • John says

      April 6, 2017 at 10:47 pm

      (This was me posting but I discovered the wrong email present by some fluke, hence no polar bear. That is not my email, so was some kind of auto-fill anomaly.)

  6. John says

    April 6, 2017 at 5:30 pm

    And on a side note, why is every single one of my comments put in moderation for days now even when there is no link? Did I do something? :-}

    • Raymond Hackney says

      April 6, 2017 at 7:39 pm

      There have been no comments in moderation for days, all comments are now moderated and nothing automatically posts. Too much trolling and off topic comments.

      • John says

        April 6, 2017 at 10:45 pm

        I meant that for days now all of my comments go straight to automation, which you have just pointed out there. Sounds like there’s no feature enabling you to whitelist specific people. Similar issue at some of the other blogs.

  7. John says

    April 6, 2017 at 5:30 pm

    It’s a bit like branding as “Rotary.Phone” only even more dated for their target audience.

  8. Raymond Chai says

    April 6, 2017 at 8:27 pm

    Pocket.Watch is a lot better than PocketWatch.com
    The keywords span the dot perfectly.

  9. Jamie says

    April 7, 2017 at 12:52 am

    Brand celebrity names, but is the entertainment and products worth it? Their names means nothing.

  10. Mke says

    April 7, 2017 at 2:29 am

    Pocket.Watch is a lot better than PocketWatch.com
    com starting to look dated and old looking for sure.

    mke

  11. Cate Colgan says

    April 7, 2017 at 10:31 pm

    I love it! Branding and marketing at its finest! The .watch extension plays so well in the entertainment arena! What are you going to .watch next?! 🙂 creative/marketing visionaries always a step ahead 🙂 my bet is they could care less about acquiring Pocketwatch.com

    • John says

      April 8, 2017 at 10:04 am

      Oh stop. And I don’t mean stop.watch, which some of their target audience might have actually heard of, though still doubtful…


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