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Verisign’s .name contract up for renewal

Kevin Murphy, July 5, 2012, 12:36:29 (UTC), Domain Registries

Fresh from winning ICANN approval for its money-spinning .com franchise, Verisign is now going through the same process to renew its .name registry agreement.
Notably, the company isn’t getting the ability to raise its prices — the registry fee for a .name domain will still be fixed at $6 per name per year, according to the new contract.
There are lots of other changes, though. Many terms have been changed to make .name more in line with .net, which Verisign renegotiated last year, and with the standard new gTLD contract.
The company will, for example, be able to launch geographically focused promotions, in line with .net, and will be bound by new service level agreements, in line with new gTLDs.
While there are tweaks to the fee structure, the amount of money ICANN will reap from the deal appears to remain at the current rate of $0.25 per transaction or domain-year.
ICANN published the proposed agreement for public comment on Tuesday. They’re cutting it pretty fine — the current deal, signed in 2007, is due to expire on August 15.

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