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Welcome to the The
Lowdown from
DN Journal - your source for notable news
and information from all corners of the global domain name
industry!
The Lowdown
is compiled by DN Journal
Editor & Publisher Ron Jackson.
Next
ICA Members Event Offers Insight
Into How Domains Help Build Great
Brands - the Association Also Gets
a Major Assist from Brent Oxley
The
Internet
Commerce Association (ICA),
the non-profit trade
association that defends domain
registrant's rights, has announced
their next online event for ICA
members. The Domains of
Brand Naming will run from
2 to 3pm US Eastern time on Wednesday,
April 7. The ICA has persuaded
two creative minds from one
of Silicon Valley's top
naming agencies to host a session
in which they will talk about the challenge of
branding and their
branding
process. They are Catchword’s senior
strategist, linguist and co-founder, Laurel Sutton, and Creative
Director Erin Milnes - both experts in linguistics and brand naming.
Laurel and Erin
came up with the corporate identities for FireEye, UpWork, Vudu,
Nature'sPromise, and many others. They will cover what brand
names are and what they can (and cannot) do, as well as Catchword’s
history, their Accelerator, and naming process. As is the case for all
sessions in the ICA members only series, the meeting will be interactive,
and they will reserve plenty of time for questions in the Zoom-based event.
For those who miss the live stream, a recording of the hour will available
for a limited time to ICA Members. Not an ICA member? You canfix
that right now! Join up here
and you'll get an invite to the April 7 event (as well as all future ICA
events and meetings) and you will also be helping yourself by
supporting an organization that has repeatedly demonstrated its ability to
protect your rights as a domain owner.
The ICA has grown by leaps and bounds
in recent years as industry leading domain investors, service
providers and legal experts have rallied around the group and its
mission to defend the rights of domain registrants around the world. HostGator
and Create.com
Founder Brent Oxley is the latest to throw his support behind
the organization, doing so with a $50,000
contribution from Create.com.
Oxley knows from first hand experience
how important it is for industry participants to band together
to protect unwarranted threats against their assets and enterprises.
As most of you are aware, Brent was caught up in a widely publicized nightmarish
situation that threatened over two dozen domains
from his multi-million dollar portfolio, including the primary
business domain for his new hosting company at Create.com.
For a time Oxley was prevented from accessing his domains due to a
legal dispute that originated in another country. Fortunately, he has
since regained access to his domains but the experience was one he
doesn't want to repeat nor see others go through. His support
for the ICA will be immensely helpful on that front.
Radix
Reports 31% Surge in Revenue for
2020, Profit Up 36% From the
Previous Year
Radix,one
of the world's largest operators
of new TLD domain registries, has
announced their financial results
for 2020. Radix, who operates .online,
.store, .tech, .website,
.space, .press, .site,
.host, .fun and .uno,
grossed over $28 million in
total revenue in 2020. That
is a 31% jump over
the company's revenue in 2019.
Radix's net profit grew at an even
faster clip, rising 36%
year over year.
In breaking
down their 2020 revenue, which is net of all discounts and rebates, Radix
reported 20% came from standard registrations and 64% from
standard renewals. Radix’s premium domains cumulatively generated over $4.5
million in revenue, of which 54% can be attributed to premium
renewals.
Sandeep
Ramchandani
Radix CEO
Based
on country data from domain registrars, the top contributor to
Radix’s revenue has been the United States with 64% of
the total share, followed by France and Germany.
In
reflecting on the year's results, Radix CEO Sandeep
Ramchandani said, “2020 was a really strong year for us, both,
financially and strategically. Since a majority of our revenue comes
from renewals, we will only start seeing the sharp growth in CoVid-led
registrations turn into revenues from Q2-2021. We continue to
remain focused on our goal of making our domains ubiquitous and
powering the identity of a variety of web projects world-wide. We aim
to remain on a strong trajectory for the foreseeable future, with
initiatives in motion to grow demand for our brands and to selectively
acquire other high potential assets.”
Over a 2-year period,
Radix has seen its net profit double. Amongst its brands, .online was
it’s highest revenue contributor in 2020 followed by .store
and .tech.
In
a Record Breaking .NET Sale
Poker.Net Changes Hands for
$750,000 to Smash the Previous
Mark Set 7 Years Ago
What
a month March 2021 has been
for the domain aftermarket! Just
one day after we released our
latest bi-weekly Domain
Sales Report that was
stuffed with an eye-popping 13
six-figure sales, we've gotten
news that Poker.net has
been sold for $750,000 in
the biggest .net sale ever
reported. The previous mark
was $500,000 for Mobile.net
(a sale we told you about in
this column back in 2014).
The
WhoIs record shows that Poker.net
has been acquired by ADX
Labs, a technology and
marketing company based in
Minnesota. As of this writing the
new owner's plans for the domain
have not been announced.
Three veteran brokers played a role in
setting the new high water mark for the .nets. The seller was
represented by Joe Uddeme, who
founded NameExperts.com
in 2015 after a successful five-year run at Domain Holdings.
Over the past 12 years Joe has racked up a long string of high end sales
and acquisitions. The buyer's broker was Tony
Adams at HQBrokerage.com.
Andy Kelly also played a role. After seeing Uddeme had
Poker.net listed, Kelly, knowing that Adams had a client that would
likely have an interest, let Adams know the domain was on the market.
Uddeme and Adams connected and worked out the deal.
Joe told me, "I saw a
tremendous opportunity targeting the end-user marketplace.
Ultimately, the highest offer was brought in from Tony. He and I have
worked together on deals in the past, and it was great to complete
this one and deliver an exceptional price for the seller. At the end
of the day, we were able to create a win-win that both buyer
and seller could be happy with."
We will be officially charting Poker.net
when our next sales report comes out March 31. As of today it would
rank as the 3rd highest sale, regardless of extension, so
far this year. It is also, by far, the biggest non
.com gTLD sale of the year to date.
Congratulations to Joe, Tony, Andy on
the transaction and to ADX Labs for their acquisition of a great
domain name.
Actress,
Singer & Songwriter Jessica
Castello Carries Her Familiar
Family Name to Entertainment
Industry Fame
In
the domain world
it would be hard to find a more
familiar family name than Castello.
Brothers Michaeland David Castelloare true industry pioneers who
have been at the forefront of the
field since its start in the
1990s. As we detailed in a 2006 Cover
Story about them, the
two were partners in the music
business as performers and
producers before applying their
creative talents to the Internet.
Michael's
wife, Sheri, who co-founded
DayCare.com
with him in 1997, was also a talented
actress before changing lanes
with Michael. Given that lineage,
it is probably no surprise that
their gifted daughter Jessica
Castello started
making waves in the entertainment
world before she was out of her
teens! In 2019, Jessica, who
happens to be celebrating her
birthday today, played an
award-winning lead role as Carlie
Toft in the critically
acclaimed feature film Oildale.
Jessica's performance earned her a
Best ActressJury Award
at the prestigious SENE Film
Festival and added to a list
of TV
and movie credits she
has been piling up since 2013.
Jessica's
acting ability is equaled only by
her musical talent (one of
the many reasons she won the role
in Oildale). In fact, the music
video for "Blue
Sky", an uplifting new
song that Jessica wrote and
performs, has just been released
(you can also download
the song from Apple iTunes). The production,
produced and directed by Lennon
Leppert, was shot primarily
around Jessica's scenic hometown,
Moorpark, California. Having
first met Jessica when she was
just eight years old, it has been
amazing to watch her talent
continually grow and blossom into
a career that appears to have nothing
but blue sky ahead. Check out
the video to see for yourself!
Jessica
Castello in a scene from her
Award-winning lead role in the 2019 film Oildale.
Scenes
from the music video for "Blue
Sky", an
uplifting new song written and performed by
Jessica.
New
Reports Provide a Tale of Two
Markets - Total Domain
Registrations Slipped But
Aftermarket Sales Surged in
4Q-2020
Verisign
(the administrator of the .com
and .net TLDs) has released
their latest quarterly Domain
Name Industry Brief
covering the 4th quarter of
2020. The quarter closed with 366.3
million domain name
registrations across all
top-level domains (TLDs)
worldwide, a raredecrease
of approximately 4.4 million
domains from the previous
quarter, representing
a 1.2% decline
However, the 366.3 million total
is 4 million more than the
number at the same point a year
ago, a 1.1% uptick.
The
decline from the previous quarter
can be traced to just three
TLDs as Kevin Murphy
detailed in a post an DomainIncite.com
Tuesday. Kevin noted that .tk,
an extension that offers free
domains, dropped 2.8 million
registrations from the previous
quarter, .icu lost 1.9
million and .top
plunged by 900,000. That
trio's cumulative loss of 5.6
million names would account
for all of the 4.4. million
reduction and then some.
Verisign's dominating .com
TLD was the biggest tower of strength in the market. The .coms added 1.5
million domains from the previous quarter and were up 6.3 million
year over year, a 4.3% annual jump for the world's most popular
extension. Meanwhile, Verisign's .net has remained anchored, almost
eerily so, for a full year now. At the end of 2019, approximately 13.4
million .nets were registered. At the of the 3Q-2020, the number was
still 13.4 million and at the end of 2020 it was, yep, 13.4 million.
That's certainly better than going backwards, something .net had been doing
for a long time before finally stabilizing.
On the ccTLD
front, .tk drug down the whole category with their loss of 2.8
million domains. Without out that, the country domains would have been up
over a million domains from the previous quarter instead of showing an
overall loss of 1.7 million names. Year over year, the ccTLDs were up,
gaining 1.3 million names (about 1%) to close with 158.9 million
names registered.
The new gTLDs,
on the other hand, went backwards both quarter to quarter and year over
year. The group lost 4.2 million domains from the previous quarter.
Two-thirds of that deficit can be pinned on .icu and .top. However, year
over year, the new Gs still lost 3.3 million domains, an 11% drop to
the 26 million they had at the end of 2020.
While
the Verisign report gave us some great insight into the domain
registration market, another report, from Escrow.com, provided
a peak into what has been a surge in the domain aftermarket. In
their latest quarterly
Domain
Investment Index (.pdf file) covering 4Q-2020,
Escrow.com reported closing $93.8 million worth of domain sales
on their platform, a powerful 21% leap from the $77.5
million they booked in the previous quarter. The report goes on to
slice and dice the various kinds of domains the money came from that
does an excellent job of showing you where the biggest strengths and
weaknesses are in the current market.
Shane
Kinsch Sells FTA.com for $400,000
in One of Year's Five Biggest
Domain Sales Reported to Date + ROTD
Extends Online Domain Auction to
March 11
Back
in 1999Shane Kinsch, who has been
the Chief Technologist at NetraCorp
LLC for the past 15
years, was able to hand register
FTA.com for a grand total of $70
- a price that will have all of us
thinking "where is a good
time machine when you need
one!" In the more than
two decades since then, three-letter
.coms have become one of the
most consistently valuable assets
in domain names (the real estate
of the digital world). Kinsch's
foresight paid off in a big way
Thursday when he sold FTA.com for
$400,000 to a confidential
buyer who was represented by
broker Mark
Burgarelli.
That
makes FTA.com the 4th
biggest domain sale reported so
far this year,
trailing only Christmas.com ($3.15
million), GoBet.com ($850,000) and
another three-letter .com, ZAG.com
($450,000). We will officially add
the sale to our charts when we
issue our next bi-weeklydomain
sales report on
Wednesday evening, March 17.
FTA.com also gives Shane two
of the two biggest sales reported
year to date. He already had #18
(tie) LiteBit.com on the
chart after selling that domain in
January for $50,000.
Shane's
year has obviously gotten off to a
great start - and that is true of
the industry at large as well.
Last week, RightOfTheDot.com(ROTD) had three
blockbuster sales in their live
online domain auction
- Bird.com ($2.5 million),
Fish.com ($1.6 million) and
Tattoo.com ($750,000). Those will
be added to our charts when the
transaction close with final
payments made and the domains
transferred to the new
\
Shane
Kinsch
Chief Technologist, NetraCorp LLC
owners.
ROTD may be adding others to the leader board because they have many other
high profile domains that are in a companion online auction that is still
underway. That one was originally scheduled to end March 4, but with
so many strong new submissions coming in, it has been extended to Thursday,
March 11.
If you've
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