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MMX profitable as acquisition talks drag on

Kevin Murphy, January 29, 2018, Domain Registries

New gTLD registry Minds + Machines became profitable as an operating company for the first time in 2017, the company announced on Friday.

MMX saw billings of $10 million in the second half of the year, compared to $5.6 million in the first half, as domains under management grew 67% to 1.32 million.

Billings is a measure of sales, rather than the more formal measure of revenue for accounting purposes.

Renewals accounted for $5.6 million of billings in the year, which “for the first-time has exceeded fixed operating costs which have been reduced to below $5.5 million for 2017”.

The company’s bottom line will also boosted by $2.1 million due to MMX losing the .inc and .llc new gTLD auctions.

MMX also provided an update on its “strategic review”, a code word for the “acquisition by or sale/merger of the Company” that it announced last May.

The company said “the longevity of the discussions has been at times frustrating” but that it hopes to have something to announce by the time it reports its formal 2017 results in April.

MMX had originally hoped to have concluded these talks before last September.

Emojis coming to another ccTLD

Kevin Murphy, January 24, 2018, Domain Registries

dotFM is to make emoji domain names available in the .fm ccTLD it manages.

The company said today that it’s currently taking expressions of interest in ‘premium’ emoji inventory, and that such domains will be registerable at an unspecified point in future.

It’s published a list of single-emoji domains it plans to sell.

Emoji domains “will be available based on Unicode Consortium Emoji Version 5.0 standards using single code point; and allowing a mix of letters and emoji characters under the top-level .FM, as well as the dotRadio extensions, .RADIO.fm and .RADIO.am”, dotFM said.

Very few TLDs allow emojis to be registered today.

The most prominent is .ws, which is Western Samoa’s ccTLD, marketed as an abbreviation for “web site”.

.fm is the ccTLD for Micronesia, but dotFM markets it to radio stations.

As ccTLDs, they’re not subject to ICANN rules that essentially ban them contractually in gTLDs.

Emojis use the same encoding as internationalized domain names, but do not feature in the IDN standards because they’re not used in real spoken languages.

Emoji domains are usually considered not entirely practical due to the inconsistent ways they can be rendered by applications.

A new gTLD kills itself off for the second time

Kevin Murphy, January 18, 2018, Domain Registries

British pharmacy chain Boots has applied to ICANN to terminate its dot-brand contract for the second time.

The company asked for its .boots Registry Agreement, signed in 2015, to be ended in December and ICANN opened the request for public comment this week.

What’s weird about the request is that Boots had already asked for self-termination last April, but that request was subsequently withdrawn by the company.

Boots seems to have changed its mind, twice, in a year.

As I noted first time around, .boots was the first example of a dot-brand that also matches a generic class of goods to chose the easy way out.

It’s quite likely the two-year freeze on re-applying for the string, should anyone want to, will be over by the time the next new gTLD application window opens.

.boots only had the contractually mandated placeholder domain nic.boots live.

Ramchandani promoted to Radix CEO

Kevin Murphy, January 15, 2018, Domain Registries

New gTLD registry Radix has appointed long-time business head Sandeep Ramchandani as CEO.

He’s replacing Bhavin Turakhia, who is CEO of parent company Directi and executive chairman of Radix.

Ramchandani had a lot of autonomy as business head and VP of the company and, in my view, has been basically CEO in all but name for years. I’ve accidentally called him CEO in the pages of DI more than once.

In a press release, he said: “Just as the first few years of Radix were about demonstrating proof of concept, the next few will be about growing awareness and delivering accelerated growth. We are also actively looking to acquire more TLD assets to reach newer segments of the market while leveraging economies of scale.”

The company has a portfolio of nine gTLDs, including .website, .store and .online, and recently announced that its 2017 revenue topped $12 million.

Bezsonoff replaces Kaine at Neustar

Kevin Murphy, January 10, 2018, Domain Registries

.CO Internet alum Nicolai Bezsonoff has replaced Sean Kaine as head of Neustar’s domain name business.

Neustar today announced that Bezsonoff has been appointed VP and general manager of the Registry Solutions business.

That’s Kaine’s old job. I hear he’s leaving the company of his own volition, but I don’t know where he’s going.

Bezsonoff was in a similar role in the Security Solutions division.

He joined Neustar when it acquired Colombian ccTLD registry .CO, where he was COO and co-founder, for $109 million almost four years ago.

The announcement comes just a few weeks after it was announced that Afilias is to take over the running of Australia’s 3.1 million-name ccTLD .au, one of Neustar’s marquee tenants.