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The
Lowdown
December
2020 Archive |
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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. |
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Wishing
You a Merry Christmas, Happy & Healthy
Holidays and the Happiest of New Years in 2021
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(image
from BigStock)
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For DNJournal
readers around the world I want to wish those of you who are celebrating
the season the very merriest of Christmases and to all a healthy and
happy new year as we get ready to head into 2021. For those who
celebrated Hannukah earlier this month and those who have been or
will be celebrating favorite holidays and occasions of their own, I hope you
are blessed and inspired by those special days as well.
I know 2020 has
been a very tough year for millions of people around the globe and my
thoughts are with you too. My wish is that the new year will bring you peace,
prosperity, love and healing. I am old enough to have seen a lot of ups
and downs, good times and bad, but no matter what happened the sun always
rose again the next day, presenting another chance to take another step
forward (or change direction if needed). 2021 will bring us 365 more
sunrises - that's a lot of opportunities to make things better
for ourselves, our families and our friends.
I also know that
thanks to our industry being based in the virtual world, we've been
more fortunate than most and I am thankful for that every day. My hope is
that 2021 will be a better one for all - and that we will
finally get to start seeing each other in person again! We will
certainly have a lot of stories to share when that day comes and I am
looking forward to hearing yours!
|
(Posted
December 25, 2020) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201225.htm
*****
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Music
Loving Domain Pioneers Peter
Maxymych, Michael Castello &
David Castello Back in Spotlight
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I've
lost track
of how many times I've noted that one trait
an extraordinary number of successful domain
investors and developers have in common is creativity.
Success with domains is just as much an art
as it is a science, if not more so (in noting
the difference between the two, 1996 Nobel Prize
winner Sir Harold Kroto said "In
science, the universe is in control. In art, you
are.").
Many
of the most familiar faces in our field are also
exceptionally talented artists, musicians, writers
(sometimes with skills in all of those
areas). One of Canada's most prominent domain
pioneers, eMall.ca
Founder Peter Maxymych, is a good example.
Peter has a great .ca portfolio, filled with
thousands of top tier keyword domains, and has
posted some of the largest Canadian TLD sales ever
made. Just last week he was on our sales
charts again, this time with the
industry's #1 ccTLD sale of the week - SportsBet.ca
at USD $35,000. In addition to his skills
with domains, Maxymych, a talented accordionist who
has been playing since his teens, has produced some marvelous
jazz CD's featuring some of the world's best
musicians.
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In
2013, I told you about Maxymych
producing the critically acclaimed major label jazz CD The
Montreal Sessions by the North American Jazz Alliance
on Challenge Records. Fast forward to today and Peter is
celebrating the release of another new CD - When Lights
Are Low featuring Kenny
Kotwitz & the LA Jazz Quintet, on which Peter served
as the Executive Producer.
I
got a pre-release copy of the album a few weeks ago and was blown
away by the tracks put down by the world class players Maxymych
assembled for the project. In addition to
Kotwitz (who is brilliant throughout) on accordian and celeste, the
album has Nick Mancini on vibraphone, John Chiodini on
guitar, Chuck
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CD Cover
for When Lights Are Low by the LA Jazz Quintet |
Berghofer
on bass and Kendall Kay on drums and percussion. These
members of the LA Jazz Quintet have performed live, recorded and
toured with artists including Stan Getz, Ella Fitzgerald,
Mel Torme, Barbra Streisand, Joni Mitchell,
Michael Buble, Tony Bennett, Celine Dion, Dr.
John, Nina Simone, Nancy Wilson and countless
others.
When
Lights Are Low features
13 standards and is dedicated to the late jazz accordian player Art
Van Damme. The title track, along with "Cry Me a River",
"When Sunny Gets Blue" and "Harlem Nocturne" are a
few of my favorites but I love them all. It is the kind of soothing,
tasteful music you could put on repeat play and enjoy listening to all
evening long. While I like all genres of music (I used to be a radio
DJ and also owned a series of record stores), some may say "I'm
not into jazz or country" or fill in the blank. If you have any
pre-conceived notions, I'm pretty sure they will disappear if you
listen to When the Lights Are Low. It is just great music,
period. You can learn more at the LA
Jazz Quintet's website.
Of course, it is impossible to talk
about domains and music in the same conversation without talking
about brothers Michael
Castello and David Castello who spent their
formative years playing together in rock and roll bands in New
York and Los Angeles (Michael as lead singer and
guitarist and David as the drummer). After taking a long break
from to concentrate on domains, David returned to the stage and
the recording studio a few years ago with bree, another
terrific rock band fronted by his wife.
I
shared Michael and David's life |
Michael
Castello and David Castello |
story
in a DNJournal
Cover Story soon after we met for the first time
back in 2006 and have written often about them (and their six
and seven-figure domain sales) since then. Having become
personal friends over the years, I was delighted to see that Giuseppe
Graziano has published new back to back individual
profiles of Michael and David on his blog
at GGRG.com. That is a great approach because, while
Michael and David have much in common (including great character
qualities instilled by their parents), they also have their
own unique personalities, lifestyles and innovative ideas.
Giuseppe's informative and entertaining articles bring their
stories completely up to date, so you won't want to miss
these profiles of two of the best people in this business. You
can read the piece on Michael
here and the just published article about David
is here. |
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(Posted
December 16, 2020) To refer others to the
post above only (and not the full Lowdown column) you can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201216.htm
*****
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Kate
Buckley Closes 2nd Biggest Domain
Sale Reported So Far This Year in
$800,000+ Transaction
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The
upcoming holidays
will be especially happy ones for Kate
Buckley and her team
at Buckley
Media. I say that with
confidence after getting a note
from Kate today letting me know
that she has closed an $803,025
sale of Engage.com - a
deal that ranks as the 2nd biggest
publicly reported domain sale so
far this year (only the $1,080,000
sale of Bullish.com last month has
been bigger). Kate represented the
seller of Engage.com with the
domain going to an as yet
unidentified end user. We will be
officially adding the sale to our Year
to Date Top 100 Sales Chart
when our next bi-weekly Domain
Sales Report is
published December 23rd.
This
is just the latest in a long
line of blockbuster sales Ms.
Buckley has booked in her more
than 20 years in the domain
industry. Those have included
Rate.com ($725,000), Refi.com,
Sleeping.com and Snoring.com
($500,000 each), Inspection.com
($335,000), Advance.com ($300,000)
and many others in the six-figure
range. That track record has
fueled rapid growth at Buckley
Media, most recently evidenced
just a month ago when the company
announced a major
expansion of its
executive management team.
Kate
was also the subject of an
in-depth DNJournal Cover
Story profile that
was published in 2018.
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Kate
Buckley
Founder & CEO, Buckley Media
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(Posted
December 11, 2020) To
refer others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201211.htm
*****
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ICA
Members Got a Master Class in
Domain Business From Four Industry
Pioneers Tuesday
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Yesterday
I told you about a special
Virtual Event the Internet
Commerce Association
(ICA) would be presenting for its
members this afternoon (Tuesday,
December 8, 2020). As most of you
know, the ICA is the non-profit
organization dedicated to
protecting the rights and
interests of domain name owners
and related service providers. The
ICA also provides additional
benefits like access to today's
event that featured four of the
most successful
investor/developers in
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domain
industry history - (listed alphabetically by last name): Ammar
Kubba, Richard
Lau, Gregg
McNair and Frank
Schilling (the links in their names point to Cover Story
profiles DNJournal published about those pioneers).
I
joined dozens of other ICA members (a virtual Who's Who of domain industry
leaders) who thoroughly enjoyed hearing the expert's war stories and sage
advice in a fast moving session that was scheduled for an hour but ran an
hour-and-a-half (and could have easily continued for two hours more without
anyone losing interest). The talented quartet took time out of their busy
schedules to help raise recognition for the ICA and encourage membership
in the invaluable association that has been growing by leaps
and bounds in recent years. Since their commentary was meant for ICA
members, I will share just a few photos and notes here to give you an idea
of what ICA Virtual Events provide and the caliber of people they give you
access to.
Above: Serial
entrepreneur Ammar Kubba originally entered the industry in 2005 as a
service provider, having co-founded one of the most successful early domain
monetization companies, TrafficZ. At the time Ammar was also an
attorney, but once bitten by the domain bug he turned his full attention to
domains and soon morphed from service provider to full time investor. Today
Ammar recalled how he and partner Kevin Vo and had started with
almost nothing, spending almost all the available cash they had on hand to
pay for a booth at the 2005 T.R.A.F.F.I.C conference in Las Vegas.
They had so little left over they had to pile their exhibit and promotional
materials into a rented van with no air conditioning and drive it across the
desert in the hot sun from Los Angeles to Las Vegas in a quest for
customers. They did better than they could have dreamed of and Ammar
has been on an upward trajectory ever since. He is especially happy with his
switch from service provider to domain investor several years ago.
"It's a lot more fun to be on this side of the business!," Kubba
laughed.
Kubba has
supported the ICA from Day 1, knowing that in order to thrive, industry
members have to band together to insure their rights are protected and
that the public is made aware of the positive aspects of the industry and
the critical role domains play in today's business world.
Above: Richard
Lau has also had a meteoric rise in the domain world but the fact that
he is here today at all is a true miracle. Soon after entering the
business with his own domain registration company, Richard was diagnosed
with cancer and was told he had three to six months to live. He was
not expected to make it to his 30th birthday but he beat all the odds and
beat cancer, going on to a full recovery and a new outlook on life. Some
industry friends took Richard under their wing and taught him how to invest
in and monetize domains and he was off to the races. With a desire to give
back, Richard adopted the Water
School charity and co-founded the NamesCon
conference with Jothan Frakes as a way to raise money for the Water
School. He also continued to assemble a great domain portfolio and started
building businesses on his best names like Resume.com and his
current project, Logo.com.
Like so many in
the industry, Lau has been especially impressed with the camaraderie that
exists, even among competitors, in our field. "It is a breath of
fresh air," Lau said, adding "I have been in cut-throat
businesses before so seeing the kind of acceptance and camaraderie we have
in the domain industry is mind blowing!" As to why he is a major
supporter of the ICA (and gave the organization a huge push at NamesCon
events), Lau said "I like to have people who are smarter than me
protecting our interests and a guy like ICA General Counsel Zak
Muscovitch is a perfect example." Lau has first hand knowledge of
why domain owners have to have a powerful advocate to protect their
rights. He described spending seven years and spending a six
figure sum to win a legal battle over his RL.com domain and knows
frivolous attempts to hijack valuable domain names have to be stopped. The
ICA, with its active participation in ICANN (the industry's rule
making body) is our first line of defense on that front.
Above: In addition
to sharing his own story, multi-talented businessman Gregg McNair (Group
Chairman, Premium Traffic Limited, Inc.) served as the moderator in today's discussion
with his three pioneering companions. Gregg, who has invested in numerous
successful domain industry enterprises as well as individual domains
and portfolios, never misses an opportunity to speak out on behalf of the
ICA. He has also been one of the main architects of the sense of
community you hear so much about in the domain world.
Gregg knows success
is built on relationships and over the years he has gone out of his way
to give industry participants a place to meet face to face - not only
to do business, but often form lifetime friendships. At just about every
important domain conference over the years he would open up his own hotel
suite and welcome all show attendees to gather there after hours.
Those gatherings, much to the alarm of hotel staff, could sometimes run all
night but they were much more than just late night parties - they were
can't miss events that helped make this the kind of business Richard Lau
described as a breath of fresh air.
Above: Frank
Schilling, a true legend in the domain world (and the subject of two
DNJournal Cover Stories (2007
and 2012),
would be all the reason anyone would need to take a seat at the ICA Virtual
Event today. In addition to building a world class domain portfolio from
scratch, Frank founded an innovative domain registrar - Uniregistry.com
- that domain pros (including me) flocked to. Industry giant GoDaddy
took notice and bought Uniregistry (and the bulk of Frank's domain
portfolio) in a nine-figure transaction this year. Frank was instrumental
in the forming of the ICA itself and has continued to help fuel the
organization's growth ever since it was founded in 2006.
Since selling
Uniregistry Schilling has gotten involved in several other endeavors
including starting his own record label. Known as one of the
nicest guys in the domain business, one who freely gave encouragement and
valuable advice to newcomers, Frank set about doing the same for talented
young musicians in the Cayman Islands where he lives. To his
surprise, that eventually led to making some major contacts in the L.A,
music scene and getting a key investment opportunity in a music company
there. Frank saw that as just more proof that when you do good things for
others good things come back to you. "That all came about from
just trying to help some kids make music," Frank said, adding, "It
was not an accident - there are no accidents!"
The endorsement of
these four gentlemen says a lot about the ICA. They and the
organization's current members have all seen what a great job the ICA's General
Counsel Zak Muscovitch, Executive Director Kamila Sekiewicz and
the Board
of Directors have done over the years. If you are a domain
industry professional you owe it to yourself to join
the team and take your own seat at the next Virtual
Event!
|
(Posted
December 8, 2020) To refer
others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201208.htm
*****
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All-Star
Lineup Set for ICA Interactive
Event Tuesday - Lau, Schilling,
McNair and Kubba to Field
Questions
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If
you are
a domain industry professional it
is in your best interests to
become a member
of the Internet
Commerce Association
(ICA), the non-profit organization
dedicated to protecting the rights
and interests of domain name
owners and related service
providers. Having ICA General
Counsel Zak Muscovitch,
Executive Director Kamila
Sekiewicz and a six-person Board
of Directors
comprised of long-time industry
leaders advocating for you around
the clock is an invaluable
asset.
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Even
so, the ICA is continually seeking ways to give ICA members more
for their money. Just one example of that is a series of Virtual
Events (open to members only) that bring some of the most
successful domain investors in domain industry history together to
share advice and experiences we can all learn from.
You
may never find a better example of that than the all-star lineup
the ICA will present Tuesday afternoon (December 8, 2020) at
3pm (US Eastern Standard Time). Members will hear from serial
entrepreneur and NamesCon Founder Richard
Lau (top left in photos at left), Uniregistry Founder and
legendary domain investor Frank
Schilling (top right), PPX International Chairman
and multi-talented businessman Gregg
McNair (bottom left) and the always smiling (and always
investing, creating and encouraging) entrepreneur Ammar
Kubba (bottom right). All four have been profiled in DNJournal
Cover |
Stories
over the years (the link in their name leads to the story about
them. Frank was actually featured twice - in the 2012 article
linked to above as well as a prior
piece published in 2007). All four have also been among
the strongest supporters the ICA has had since it was founded in 2006.
If
you have thought about joining the ICA, this opportunity to hear from
four guys who have been there and done it all successfully, would be a
perfect entry point. You can find full details about ICA
membership here and if you sign up before Tuesday
afternoon you'll get an invitation to this highly anticipated Virtual
Event. it will be an Interactive session, so be sure to come
with any questions you may have! |
|
(Posted
December 7, 2020) To refer
others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201207.htm
*****
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Domain
World Mourns Loss of Domaining
Europe Founder Dietmar Stefitz -
An Industry Champion Since 1994
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The
domain industry
lost one of its most fervent
supporters today and the world is
without one of its nicest guys. We
and countless others in our
business were saddened to hear of
the passing of Domaining Europe
conference founder Dietmar
Stefitz who leaves us after a
long battle with cancer.
Dietmar
had a passion for domains
that started the day he registered
his first name back in 1994.
The native of Austria who
spent the last 30+ years of his
life living with his family in Spain,
was one of the first to fully
grasp how the Internet and its
essential building blocks, domain
names, would change the world.
Stefitz immediately began
investigating ways to merge the
physical and virtual worlds and by
2000 he was using the web to
produce virtual trade shows
in a variety of fields.
Over
the next few years Stefitz learned
there were others who shared
devotion to domains and website
development. Since these were his
true brothers and sisters in
arms, Dietmar wanted to meet
compare ideas with these
special
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Dietmar
Stefitz
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people
in person. So, in 2008 he staged his first domain conference in
the physical world, an event dubbed Domaining Spain that he hosted is
his hometown - beautiful Valencia, Spain. Only about 30 people
attended but Dietmar was in heaven and the seed had been
planted.
Stefitz
put on a professional production and was such an affable and accommodating
host that those early attendees spread the word around Europe (and beyond)
and his show soon quadrupled in size and adopted what had become a more
fitting name - Domaining Europe. I went to my first one in 2012
when Dietmar surprised me by personally showing up at the airport to
pick up my wife and I. Once at the show hotel, he stayed by our side to make
sure there were no problems getting checked in to our room. It was the first
time I ever met him and I would soon learn the unexpected "special
attention" I got from Dietmar is what everyone got from him. He
loved domain people, loved every day he spent with them and would go out of
his way to help them.
Domaining
Europe Founder Dietmar Stefitz sharing a laugh with Gregg McNair
(PPX International Chairman) during the 2012 Domaining Europe conference
in Valencia, Spain.
Dietmar
Stefitz and Ron Jackson at the 2017
Domaining Europe conference in Berlin, Germany. |
That
2012 conference remains one of my all-time favorite events and as the
years went on it was great to see Dietmar continue producing
great shows that helped grow the domain industry in Europe. After
seven years in Valencia, he took another major step toward that end
when he decided to start staging the event in different cities each
year so it could truly become a continent-wide event. In 2016,
the conference was held in The Hague, Netherlands and in 2017
it went to Berlin, Germany where Dietmar celebrated his 10th
year at the helm of the popular event. Domaining
Europe Berlin was yet another great Stefitz conference,
but that year was tempered by the sad news Dietmar shared with some
friends that he had been diagnosed with a serious illness. Since then
he has been fighting it tooth and nail like the champion he is.
As
he turned his attention to his health Dietmar found a new steward for
his conference in NamesCon and they joined forces with him to
bring the event back to Valencia in 2018. The |
show
was re-christened NamesCon Europe, a name it will carry, along
with Dietmar's legacy, into the bright future Dietmar always
envisioned for it. NamesCon Europe was held in Cascais,
Portugal last year and would have been held in Budapest,
Hungary this year if not for the Covid-19 pandemic (that show has
been rescheduled for July 2021 in Bucharest). |
Dietmar
Stefitz stopping to the smell the roses in his Valencia home garden in 2018.
While
the show must go on (just the way Dietmar would want it), he will be sorely
missed. Still, it is gratifying knowing Dietmar was able to spend his life
doing what he truly loved to do. He certainly brightened our world
too, with that big smile whenever you saw him and the boundless
enthusiasm he shared for the business we are in. People like Dietmar are the
reason why so many of us consider this a "family business"
rather than just another generic spoke in the global business wheel. It was
an honor to know you sir and we will never forget you.
|
(Posted
December 4, 2020) To refer
others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201204.htm
*****
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New
Partnership with MediaOptions
Gives DAN.COM Customers Access To
Domain Brokerage Services
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MediaOptions,
the premium domain brokerage firm
founded by Andrew Rosener
in 2007, has announced a new
partnership with DAN.COM,
the blockchain-powered Domain
Automation Network, to provide
brokerage services to customers
listing domains on the DAN.COM
platform. The partners expect the
alliance to drive significant
increases in conversions and sales
for participating domain portfolio
owners when it rolls out next
month.
A
press release we received about
the partnership noted "The
demand for available domains
continues to increase, however,
the
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domain
market is failing to efficiently organize and keep pace with the increase in
demand. DAN.COM aims to close this gap using blockchain technology to better
automate and streamline escrow processes, and also introduce new
domain purchase and use models in a scalable and frictionless
way. The end goal is to make domain transactions more fluid and
secure, providing buyers and sellers with more options and opportunities
than ever before."
Reza
Sardeha
DAN.COM Founder & CEO |
DAN.COM
Founder and CEO Reza Sardeha said, "Our partnership
provides DAN.COM customers with greater returns while democratizing
access to MediaOptions, which is the number one domain brokerage firm
in the world. We continuously strive to provide our customers with the
most advanced domain transaction platform in the world, including the
integration of services from trusted and valued partners like
MediaOptions.”
"With 9 million domain
names listed on its platform, DAN.COM regularly fields a substantial
number of brokerage requests. Under this new partnership, MediaOptions
will handle these requests and convert them into successful
transactions. MediaOptions will manage the brokering of these sales,
while the escrow, payment and related domain transfers will be done on
the DAN.COM platform - providing buyers and sellers with an
unprecedented combination of platform features and brokerage
capabilities." |
MediaOptions Founder and CEO Andrew
Rosener added, "I have been a big fan of DAN.COM for years.
They continuously innovate in the domain space and have built
an impressive and highly functional platform. At the same time, we
continue to make strides in growing our business and finding efficient
ways to bring our best-in-breed services to more customers. Our
partnership with DAN.COM will allow us to continue that growth,
significantly increase our lead flow, and bring our ‘Domains-as-a-Service’
model to more customers - all while working with one of the most
technologically forward-thinking companies in the industry.”
Since its founding, MediaOptions has
facilitated hundreds of millions of dollars in domain name
transactions. In addition to its domain brokerage services,
MediaOptions also owns and operates its own portfolio of super-premium
domain names. To learn more about MediaOptions and its services
you can visit https://www.mediaoptions.com.
|
Andrew
Rosener
MediaOptions Founder & CEO |
|
(Posted
December 3, 2020) To refer
others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201203.htm
*****
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New
Global Domain Registration Stats
from Verisign Show .Com Still
Outperforming the Market with
Mixed Results for Other TLDs
|
Verisign
(the administrator of the .com
and .net TLDs) has
released their latest quarterly Domain
Name Industry Brief
covering the 3rd quarter of
2020. The quarter closed with 370.7
million domain name
registrations across all top-level
domains (TLDs), an increase of
approximately
10.8 million domains that
represents a 3% rise year
over year. About 600,000 of those
domains were registered in
3Q-2020, a less robust 0.2%
increase from the previous
quarter.
.Com
domain registration jumped by 5.7
million year over year to 150.3
million (a 4.4% rise
that easily bested the overall
market growth rate). .Net, which
has been steadily slipping in
recent years looks to have
stabilized. .Net closed 3Q-2020
with approximately 13.4 million
registrations, the same figure it
posted at this point a year ago.
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ccTLDs also remained static ending
3Q-2020 with 160.6 million registrations, down a hair (minus 0.7%)
after a year-over-year decrease of 1.2 million domains. However, the ccTLDs
regained 500,000 of those domains over the last quarter, a 0.3% increase
since the end of 2Q-2020.
The new gTLDs flipped that script,
falling 4.7% from the end of 2Q-2020 after losing 1.5 million domains.
However, the new gTLDs still ended up with a big year-over year
increase, having added 6.2 million domains to finish 3Q-2020 with 30.2
million registrations, a jump of more than 25% since the
same point a year ago.
|
(Posted
December 2, 2020) To refer
others to the
post above only (and
not the full Lowdown column) you
can use this URL:
https://www.dnjournal.com/archive/lowdown/2020/dailyposts/20201202.htm
*****
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