Recent Posts
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It’s official: April 30 is the Big Reveal for new gTLDs
Kevin Murphy,
April 2, 2012, 16:48:42 (UTC),
Domain Registries
ICANN has just announced that it is targeting April 30 as the date it reveals which companies have applied for which new generic top-level domains.
“Our plan always has been to publish the list of applied-for strings approximately two weeks after the close of the April 12th application window,” CEO Rod Beckstrom said in a press release.
“Setting a target date gives people the opportunity to plan for this highly anticipated event,” he added.
It’s only a target date, the press release notes.
ICANN does have a fairly reliable track record of missing deadlines when it comes to the new gTLD program.
Many new gTLD applicants are planning to meet unofficially in Las Vegas for the Big Reveal. The French consulting company Starting Dot had also scheduled an gathering in Paris for May 2.
There are also rumors of an official ICANN event, but the organization has yet to confirm anything.
~ 900 Applicants = USD 4,500,000 in prepayments alone
(guesstimated) 2.7 strings on average per applicant = 2430 applications = USD 437,400,000 in remaining application fees…
While ICANN is claiming this will all be used on a cost covering basis, the interest ICANN will gain from this alone is substantial, if you consider that only 400-500 applications can be handled at a time, and there is a maximum of 3 batch cycles in a year (if that) it will take the better part of two years to get through them all (and therefore the money for the applications not yet processed will remain in the bank, accumulating interest).
What a great business model…