I just got a renewal bill from my registrar, Hexonet on some Minds + Machines domain names I registered last year at normal registration prices. I have spent well into the six figures on new gTLD's, so I put my money at risk all the time in the very speculative new gTLD space. In this case there was an issue with the pricing sent over by the registry Minds + Machines to my registrar, … [Read more...]
Minds + Machines Finds Operating New gTLD Much Less Profitable Than Selling Apps: Swing To a Loss
Minds + Machines Group Ltd (LON:MMX) reported today the company's financial results for the 1st half of 2015. Minds + Machines swung to a pretax loss for the first half of 2015 "due to it seeing a lower gain from participating in generic top-level domain auctions" Minds + Machines reported a pretax loss of $3.7 million for the half year to ending June 30th, from a pretax profit of $4.9 … [Read more...]
Minds + Machines Picks Up $3.5 Million For Withdrawing New gTLD Apps For .Art & .Data
Minds + Machines (LSE:MMX), today announced the Company has gained, in aggregate, net proceeds of over $3.5 million (approximately £2.3 million) for withdrawing its applications for .data and .art. The new gTLD .Art was won by UK Creative Ideas beating 9 other applicants in a private auction including Minds + Machines .Data is still showing on ICANN site as being in contention between Minds … [Read more...]
Minds + Machines To Register Up To 30K New gTLD Premium Domains Under Emerald Names
Minds + Machines announced they are going through the process of registering up to 30,000 Premium Names from across its wholly-owned portfolio of TLDs through its wholly-owned entity, Emerald Names, "so as to raise the visibility of its inventory amongst the broker and registrar channel, as well as with consumers". "As a result, these Premium Names will resolve to a “for sale” web site, … [Read more...]
Carlsberg Group joins Minds + Machines Pioneer Program For .Beer; Gets 150 Domains
Minds + Machines, (LSE:MMX), announced today that Carlsberg, "the world-renowned brewery group, will participate in its .beer Pioneer program". Carlsberg has secured over 150 .beer domains, in a portfolio that includes their most popular brands such as baltika.beer, tuborg.beer, holsten.beer and kronenbourg.beer, as well as a variety of generic premium .beer names for use in future marketing … [Read more...]
Two Founding Members of Minds + Machines Re-join the Board.
Minds + Machines (LON:MMX), announced today that two founding members David Weill and Guy Elliott will re-join the Boardas non-exec directors. Antony Van Couvering, the chief executive, said: "We are delighted that both Guy and David have accepted the board's invitation to re-join the board. "They bring a close understanding of the investment community, both in London and internationally, … [Read more...]
Henderson Global Investors Acquires Over 20% Of Minds + Machines: Has £89.4bn assets under management
Henderson Global Investors has acquires over 20% Of the voting shares of Minds + Machines. Since Fred Krueger announced he was leaving the company around 3 weeks ago, his ownership of Minds + Machines has now fallen to under 9%, sitting as of the last announcement at 8.7%. Mr. Krueger owned some 15.9% of the shares of the company before his announcement and so he has sold, a little less than … [Read more...]