Latest news of the domain name industry

Recent Posts

Three-way legal fight over .eco breaks out

Planet.eco, an emergent .eco gTLD applicant with a trademark on “.eco” is suing two rival applicants for trademark infringement and cybersquatting in a California court.
The company sued DotEco (affiliated with Minds + Machines and Top Level Domain Holdings), along with CEO Fred Krueger, and Canada-based Big Room on March 2.
It’s looking for millions of dollars of damages and an injunction preventing both rival applicants from applying for .eco.
In late March, DotEco filed a counter-suit, alleging that Planet.eco’s .eco trademark was fraudulently obtained and that the company is trying to illegally stifle competition for the .eco gTLD.
That’s the short version. It’s a complex story with a great deal of history and more than a little bogus behavior.
DomainIncite PRO subscribers can read the full DI analysis, along with more PDFs than you could ever possibly need, here.
(Thanks to reader Tom Gilles for the tip)

TLDH sells off domain portfolio, waits for new TLDs

Kevin Murphy, April 15, 2010, Domain Registries

Top Level Domain Holdings has reported blah revenue for its fiscal 2009, as it reorganized itself in preparation for ICANN’s forthcoming new gTLD round.
The company, which owns registry services firm Minds + Machines and has interests in dotNYC and DotEco, is listed on London’s low-cap AIM market.
It today reported revenue for the 12 months to October 31, 2009 of £315,000 ($487,000), up from £232,000 ($358,000) a year earlier, with an operating loss of £1.4 million, ($2.2 million) down from £1.5 million ($2.3 million).
TLDH also revealed that it sold off its entire parked domain name portfolio for $250,000 last November, after the end of its financial year, after it found parking revenue on the decline:

The Company’s domain name portfolio comprising mainly German and other European parked domain names that receive direct navigation and search traffic which can be monetized through search links to generate click-through advertising revenues generated a lower revenue in the period and were subsequently sold following the period end for US$250,000 in cash.

TLDH recorded an impairment charge of £154,000 ($238,000) for this transaction, suggesting the company sold its portfolio for approximately half of its previously reported paper value.
The firm says its strategy is “to build a portfolio of gTLD applicants and infrastructure technologies”, and believes ICANN’s recent Nairobi meeting decisions continued “a trend of increasing the barriers to application for non-experts”.
TLDH still looks like it has more than enough cash on hand to see it through to when ICANN begins officially accepting new TLD applications, barring further delays, with £4.3 million ($6.6 million) in the bank at the end of October.