DomainIndex.com has released 8 Million Appraisals for new gTLD domain names those including trademarks and those with just generic terms and the results are pretty interesting. Mt first observation is that of the new gTLD domain names with the highest valuation, only 1 non-trademarked term has a value in the six figures, Car.Insurance (which may not even be available to be registered depending … [Read more...]
Afternic Sells $1.6 Million In Domains Led By Emeraude.com $28K/ LuxuryClub.com $25K
Afternic.com reportable weekly domain sales report for the week of 6/17/13 – 6/23/13 is out total sales including confidential sales and sales under $1000, summed to $1,157,605. All sales were led by Emeraude.com which is the French word for Emerald and yes I had to look it up. The seller of the domain was Tucows. The second highest sale of the week was LuxuryClub.com, … [Read more...]
6 Arbitration Providers Win 18 of 19 Arbitration Domains in One UDRP
Six Arbitration Panels brought a single UDRP seeking 19 domain names all owned by ICSID Lawyers, LLC and collectively won 18 of the domains. The Complainants are London Court of International Arbitration (LCIA) of London, United Kingdom of Great Britain and Northern Ireland (“United Kingdom”); International Chamber of Commerce (ICC) of Paris, France; Singapore International Arbitration Centre … [Read more...]
Demand Media Shares Sink over 20% To 52 Week Low On Yesterday’s News
Shares of Demand Media, Inc (DMD) have hit a 52 week low, dropping over 20% in trading today. As of publication shares of Demand Media, Inc. are trading at $6.21 down $1.96 or 24% off of yesterday's closing price. Yesterday after the market closed, Demand reported that is was spending $75 million in cash and $19 million in stock to acquired Society6, an e-commerce marketplace for artwork and … [Read more...]
Biba.com Purchased for 57,400 Euros, Launches With $15 Million More In Funding
TechCrunch.com this morning covered "Biba, a new company coming out of stealth, has spent more than a year and $5 million in a Series A investment to quietly build a service that offers a lightweight way to use your iPhone, iPad or Android device to participate in conference calls or message people in your network." "Today the service is launching with $15 million in a Series B round led by … [Read more...]
Do We Have Our 1st New gTLD Application Trade? 4 More Applications Withdrawn
Do we have our first new gTLD application trade? Top Level Domain Holdings (TLDH) withdrew two applications tonight one for .Review which had a prioritization number of 492 and its application for .Science which had a prioritization number of 924, leaving Famous Four as the sole remaining applicant for each of those extensions. Famous Four withdrew its 1st new gTLD application for .Fit … [Read more...]
Demand Media Acquires Society6 For $95 Million & Lowers Revenue Guidance For 2Q
In two announcements today Demand Media (DMD) acquired Society6, an e-commerce marketplace for artwork and related merchandise for $94 Million dollars. Society6, had 2012 revenue of $15M. The purchase price will be paid $75M in cash and $19M in stock. As of March 30, the company only had $109.4M in cash. Also Demand today lowered its revenue guidance for the second quarter citing "a … [Read more...]