A few days ago Godaddy.com the world's largest domain registrar reported that 479 Pope related domain names were registered within the first hour after the announcement. Today the .com/.net Registry Verisign reported that "between the time Pope Benedict XVI announced his resignation and the choosing of Pope Francis I, there were more than 1,300 new domains registered across the .com and .net … [Read more...]
Warren Buffet Invests In $165 Million Dollars into Domain Industry
According to TheStreet.com, the most famous stock investor on earth, Warren Buffet's company Berkshire Hathaway (BRK.A) has purchased 3,685,700 shares of Verisign (VRSN). At the closing price of Verisign yesterday he investment represents around $165 Million dollars or about the size of the investment Marchex made in the purchase of Yung Ye's domain name portfolio some 8 years ago. We told … [Read more...]
We Think .TK Domains Are Screwing With Verisign’s Quarterly Domain Report
Last week when Verisign released its 3rd Quarter Domain Name Industry Brief everyone focused in on the raw numbers 246 million domain names. However what if I was to tell you that one change made by Verisign has made a huge impact on the overall domain registration numbers. That change was including the .TK registry in the Domain Name Industry Brief. Two quick points. The .TK … [Read more...]
Verisign Here Come The Lawyers
The Shareholders Foundation, Inc. has opened an "investigation on behalf of investors of Verisign, Inc. (NASDAQ:VRSN) shares over potential securities laws violations by Verisign, Inc. and certain of its directors and officers in connection certain financial statements was announced". "Investors who purchased shares of Verisign, Inc. (NASDAQ:VRSN), have certain options and should contact the … [Read more...]
UPDATED: Mike Mann Just Saved Almost $2 Million Dollars With Verisign’s No Rate Increase .Com Contract
(George Kirikos just pointed out that I did not take into account the compouding of the Verisign rate increase and he is correct so I have correct the math and the numbers) Mike Mann owns around 330,000 domain names. Based on Verisign's contract renewal to operate the .Com registry over the next six years, without being able to raise their prices 7% in 4 out of 6 years, according to our … [Read more...]
Verisign: If New gTLD’s Are Successful We Might Be Able To Lift All Price Caps On .Com’s
Coming out of the Verisign ( NASDAQ : VRSN ) conference call this morning announcing that the contract to operate the .com contract had been renewed for six years, without any price increases, is that all price caps on .Com's could be lifted as early as 2014 if the new gTLD program is highly successful. Responding to questions, Verisign stated that through this contract renewal they"obtained an … [Read more...]
Verisign: .Com Contract Renewed For 6 Years With NO Automatic Price Increases
In what domain holder have to consider a victory, Verisign, Inc. ( NASDAQ : VRSN ) was granted an six year renewal of the .Com registry but losses the ability to automatically raise prices. Verisign's current pricing of $7.85 per domain name registration will continue for the six-year term of the Agreement. Under the current contract Verisign has to operate the registry which expires today … [Read more...]