Demand Media has completed the spin-off of its domain name business, Rightside.
Shares in the new company, which will be listed on the Nasdaq stock exchange, went to existing Demand Media shareholders.
Trading under the ticker symbol NAME, Rightside stock started off at $16.77 yesterday morning and is currently trading at around $15.07.
Rightside comprises number two registrar eNom, retail registrar Name.com, new gTLD portfolio registry United TLD (which is branded Rightside), and its share of auction house NameJet.
It is headed by CEO Taryn Naidu and chairman David Panos.
The company also today named its initial board of directors.
If you register a domain name in one of Rightside Registry’s new gTLDs, you’ll be banned from using it to mock the company or any of its employees or shareholders.
That’s according to its Acceptable Use (Anti-Abuse) Policy (pdf) published by ICANN today.
As well as prohibiting the usual kinds of malicious hacking and spamming activity, child abuse material and so on, the policy bans:
Holding of [United TLD Holdings] (including its affiliates) or their employees or shareholders up to public scorn, ridicule, or defamation.
I can’t recall seeing that kind of clause in a domain name registration agreement before.
While “defamation” is obviously illegal in most places (as determined by a court), “scorn” seems to be a pretty broad term that could capture a lot of free speech commentary.
Rightside has applied for 26 new gTLDs. Several are the kinds of places you might expect to see some edgy discussion: .republican, .democrat, .army, .actor and .gay to name a few examples.
It seems the simplest route to getting a web site you don’t like shut down in any of these gTLDs would be to buy a single Rightside share and file an abuse complaint.
Also banned by the policy is:
Impersonating any person or entity, including, but not limited to, a UTLDH official, or falsely stating or otherwise misrepresenting your affiliation
Rightside, aka United TLD, is the Demand Media domain name retailer and new gTLD registry currently being spun off into a standalone company under CEO (and thoroughly nice bloke) Tayrn Naidu.
eNom reseller NameCheap is actually in the top 10 largest registrars in terms of domains under management, judging by data in regulatory documents filed by eNom parent Rightside.
According to a Rightside SEC filing related to its spin-off from Demand Media, NameCheap accounted for 23% of the company’s total domains under management as of September 30.
With the same document declaring Rightside has over 12 million names under management as of the same date, NameCheap apparently looks after just under 2.8 million domains.
By my reckoning, this means NameCheap is very probably the ninth-largest registrar by DUM out there, sandwiched between GMO Internet and FastDomain.
My comparison is not completely apples-to-apples — NameCheap’s number may include ccTLD registrations and I’m levering the company into a gTLDs-only league table — so may not be fully reliable.
But it’s the first solid indication of the size of NameCheap’s business I’ve seen in a while.
While NameCheap is accredited by ICANN in its own right, it has never registered more than a handful of domains under its own name, leaving it in the sub-900 range in the DUM league table.
According to Rightside, NameCheap is under contract to exclusively use eNom’s wholesale services until December 2014, but the deal does have one-year renewals built in.
Donuts and United TLD had a combined total of eight new gTLDs added to the DNS root zone today.
Donuts subsidiaries saw .zone, .agency, .cheap and .marketing go live, while United TLD (Demand Media/Rightside) got .dance, .democrat, .moda (Spanish for “fashion/style”) and .social.
The nic.[tld] domains all appear to be resolving, albeit to the registries’ web sites in other TLDs.
There are now 91 new gTLDs live in the root, more than five times the number of legacy gTLDs. It seems likely that we’re going to pass 100 this week.
ICANN may be taking Christmas week off, but Verisign apparently isn’t — another 19 new gTLDs were delegated to the DNS root system last night.
Most belong to Donuts: .training, .builders, .coffee, .codes, .education, .florist, .farm, .glass, .house, .holiday, .international, .institute, .solar, .repair and .solutions.
United TLD, the Demand Media/Rightside business that is also providing Donuts’ back-end, had .ninja and .kaufen (German for “buy”) delegated.
PeopleBrowsr’s .ceo also went live, as did I-REGISTRY’s .onl (for “online”).
Donuts is already redirecting its latest batch of nic.[tld] domains to donuts.co.
The web site at nic.ninja currently shows this image as part of a placeholder page:
UPDATE: It occurs to me that this might actually be a prairie dog or something, rather than a squirrel.