Over a dozen new gTLD applications have been iced because the applicants couldn’t or wouldn’t talk to ICANN about signing contracts before their deadlines.
Volvo and PricewaterhouseCoopers are among the 13 dot-brand applicants whose $185,000+ investments could vanish in a puff of smoke because they can’t bring themselves to sign on the dotted line, I’ve discovered.
The following gTLD applications, filed by 10 different companies, are no longer active because of contracting problems:
.select, .compare, .axis, .origins, .changiairport, .nissay, .lamer, .clinique, .pwc, .volvo, .amp, .招聘 (Chinese “.recruitment”), .wilmar
They’re all uncontested applications. They’re also all, with the exception of .招聘, envisaged having single-registrant policies (dot-brands, in other words).
All had their apps flagged by ICANN as “Will Not Proceed” in the new gTLD process late last year, having failed to sign or start negotiating their Registry Agreements in time.
Under program rules, applicants originally had nine months from the day they were invited to contract with ICANN in which to sign their RAs.
After protests from dot-brand applicants planning to sign up for so-called “Spec 13″ code of conduct exemptions, ICANN last June gave such applicants an extension until July 2015, as long as they hit a September 1 deadline to respond to ICANN’s overtures.
Applicants that did not request an extension had an October 29 deadline to sign their RAs.
According to an ICANN spokesperson, a failure to hit such “interim milestones” disqualifies applicants from signing RAs.
It’s not entirely clear from the Applicant Guidebook how applicants can extricate themselves from this limbo state without withdrawing their applications, but ICANN assures us it is possible.
“Will not Proceed is not a final status,” the spokesperson cautioned. “But they are currently not eligible to sign the RA with ICANN. But if that status changes, we’ll update it accordingly on the site.”
Withdrawals would qualify the applicants for a 35% refund on their application fees, he confirmed.
Afilias has cancelled its planned London Stock Exchange IPO due to “market conditions”.
It seems to be a cancellation, rather than a postponement, according to a company spokesperson.
“The final decision to cancel the IPO was based on market conditions at the time,” she told DI today.
No additional information was available, but I suspect the company was not able to drum up sufficient interest, at its target price, from institutional investors in the two-week period between its IPO filing and its due date.
Afilias said on October 28 that it planned to raise approximately $100 million selling shares on London’s Alternative Investment Market.
The flotation was expected to take place November 12, but that date came and went with no action.
AIM is currently the home of rival TLD registries CentralNic and Minds + Machines, neither of which saw any particular share price problems during that two-week window.
Afilias had revenue of $77.6 million in 2013, making an operating profit of $30.4 million and $45 million in operating cash flow, largely from selling .info and .mobi domain names.
The company is the back-end provider for almost 50 live 2012-round new gTLDs and has a couple hundred more deals with applicants whose strings have not yet been delegated.
Uniregistry’s portfolio of quirky new gTLDs grew today. The company seems to have beaten Google to .lol in a private deal.
The two companies were the only ones to apply for .lol, and Google’s application was formally withdrawn today.
As usual for private contention set settlements, the winning price has not been disclosed.
Uniregistry has 18 delegated gTLDs in its stable, with five more currently uncontested applications (.lol makes six) waiting in the wings.
I like .lol as a gTLD. It’s a punchy, short, meaningful string that certainly belongs to the right of the dot.
I can see it being deployed in the near term by the incessant sewer of BuzzFeed clones that are increasingly stinking up social media, which could give increased visibility and helpful viral marketing.
Longer term, there may be a worry if in future the kidz stop using “lol” and start viewing it as something their parents say, but we’re probably a ways from that yet.
NamesCon 2015 is due to kick of in Las Vegas this coming weekend with about 50% more attendees that its inaugural outing last year.
Organizers tell me that so far roughly 750 people (not including press and staff) have registered to attend the conference, which is taking place for the second year at the Tropicana hotel. That’s up from the roughly 525 registered a week before the 2014 event.
Some are expecting the final turnout to top 800.
Registrations were boosted as 2014 came to a close by the announcement that NamesCon had acquired the rights to use the longstanding DomainFest brand and domain to promote its own show.
The show is due to run from Sunday, January 11 to Wednesday, January 14, a day longer than the year-ago event.
NamesCon is a bit of a strange beast, catering heavily to domainers but with also a strong series of sessions aimed at digital brand managers and the intellectual property side of the industry.
Where else could you see sessions called “Workshop: I’m Getting Sued – What Do I Do Now?” and “Making the Most of Your .BRAND and the Evolving Internet” running side by side?
For domainers, a highlight of the week may be the live domain auction, which is being run by Right Of The Dot and SnapNames from January 13 from 1630 until 1930 local time.
There are 350 names going to auction, in an eclectic mix of legacy and new gTLDs.
Currently, slightly more than half of the 23 names with bids are new gTLD domains, though their asking prices are a lot lower than the .coms on the list — most seeing bids in the $250 range compared to a top .com bid fo $51,000 for agree.com.
Domains that do not sell during the live event will carry over to an extended auction that ends February 5.
TLD Registry, which runs a couple of Chinese-script new gTLDs, has a strong presence at NamesCon too, sponsoring a day-long session on the Chinese domain market on the Sunday.
Keynote speakers during the conference proper include Akram Atallah, president of ICANN’s Global Domains Division, as well as executives from Go Daddy, Donuts, Uniregistry and others.
DI will be in attendance. I’ve agreed to do a presentation on DI PRO and industry metrics on Sunday, probably sharing the stage with another tools vendor, on Sunday, but the exact time and location have yet to be confirmed.
Conference passes are still available for $799 from the NamesCon web site. Registration on the door goes up to $849. For context, that’s still less than half the price you’d paid to go to TRAFFIC.
Verisign’s .net gTLD has had a disappointing start to 2015, as its zone file dipped below 15 million domains for the first time since achieving the milestone.
As of last night, .net had 14,998,404 names in its zone, a daily dip of over 10,000 domains.
That’s down by about 200,000 names from the roughly 15.2 million it had in March 2014, the earliest count for which I have records.
The gTLD first passed 15 million in August 2013, according to a celebratory blog post at the time.
Verisign has previously blamed the “confusion” created by the launch of new gTLDs for the decline, which was inexorable in 2014.
In October, CEO James Bidzos told financial analysts that “.net may be more susceptible to that confusion that swirls around new gTLDs.”
My similar view is that the existence of new gTLDs is causing people to wake up to the fact that defensive or shopping cart up-sell .net registrations are now superfluous, and that the days of .net riding on big brother .com’s coat-tails may be numbered.
There are still about 31,000 dark .net domains — registered names not present in its zone file — according to Verisign.
At the end of August 2014, .net had 15,569,398 registered names, according to the most recent available ICANN registry report.