ICANN spends $5 million more than planned in first fiscal half
ICANN published its second fiscal quarter financials yesterday, revealing a roughly $5 million overspend in the second half of 2023.
The Org spent $72 million of its $74 million revenue in the six months to December 31, more than the $67 million spend it had budgeted for.
ICANN said the overspend came mainly in its Community and Engagement reporting segment, with the $4 million excess “driven by higher than planned costs for ICANN78, community programs, and meetings support”.
The same report shows that ICANN 78, which took place in Hamburg last October, cost about $900,000 more than expected largely because it spent more on air fares and had to put on more sessions than it originally expected.
It also spent about $100,000 on its 25th anniversary celebration, a line item that had not appeared in its budget. Because who can predict an anniversary, right?
Hamburg was the most-expensive meeting since the pandemic ended, costing about $5.4 million and attracting over 2,500 attendees. The Kuala Lumpur meeting a year earlier had cost $4.7 million.
ICANN’s revenue was described as “flat”, but a breakdown shows a roughly $1 million (rounded) shortfall in both registry and registrar transaction fees compared to the budget. This is likely linked to shrinkages in Verisign’s .com sales over the period.
ICANN turns down money from blockchain alt-root
It seems ICANN is turning down free money from blockchain alt-root providers, apparently as a matter of principle.
We hear one such alt-root, Freename.io, tried to sponsor the upcoming ICANN 78 meeting in Hamburg, but was rebuffed.
“At this time, ICANN is not interested in having Freename serve as a sponsor and will not be moving forward with a sponsorship agreement,” the Org told the company in an unsigned email.
Freename had offered to be a general sponsor, and not at the cheapest tier, I’m told.
ICANN sponsorship offers typically start in the low thousands but can get up to six figures at the higher tiers. Sponsorship is overall a very small part of ICANN’s revenue.
Org has become increasingly rattled in recent years with the proliferation of alt-roots, which have been gradually gaining market acceptance while ICANN’s own efforts to expand the domain universe languish in interminable policy knots.
ICANN delayed the sale of the UNR portfolio of gTLDs until buyers renounced their ownership rights to blockchain versions of their authoritative root strings.
Clearly, splashing an alt-root’s branding all over an ICANN stage would be seen as problematic.
Freename.io plans to attend the Hamburg meeting anyway.
CentralNic chief calls on industry to tackle climate change
CentralNic CEO Michael Riedl is calling on his counterparts at other large domain name registries and registrars to meet up to coordinate the industry’s response to climate change.
During a broad keynote at the London Domain Summit this morning, Riedl said that each domain company is too small to make an impact on the industry’s carbon footprint individually, and that coordination is needed.
He said the industry’s carbon footprint is currently “relatively reasonable” but said “we need to get it down to zero… together I’m pretty sure we can make an impact”.
Speaking to DI shortly after his speech, Riedl said he will soon invite industry leaders to a climate change “summit” in Hamburg, Germany, to coincide with ICANN’s 78th public meeting.
He said the domain industry needs to coordinate and standardize its approach to emissions, following the leads of other industries such as automotive.
He said he hoped he could get the CEOs of the big domain companies — he named Verisign and GoDaddy, who rarely send their CEOs to ICANN meetings — to show up.
Planning for the meeting is in the very early stages and Riedl said he has not spoken publicly about the initiative until today’s speech.
Hamburg selected for next year’s ICANN AGM
Better late than never? ICANN has picked Hamburg for its 25th annual general meeting, due to be held in October next year.
The ICANN board of directors made the selection at its meeting this weekend, just-published resolutions show.
The choice is hardly surprising. Hamburg had been the venue for the 2020 AGM, but it was cancelled due to the coronavirus pandemic. The city, along with DENIC and eco, said last December they were bidding for a second crack.
The specific venue was not disclosed, but the aborted 2020 meeting was due to take place at the Congress Center Hamburg, so one assumes that’s where the community will be headed next year.
While it will be ICANN’s 25th AGM, and I guess some kind of celebration will be in order, sadly ICANN 78 will be the wrong side of the country and in the wrong month to easily coincide with Oktoberfest.
The meeting is schedule for October 21 to 26 2023.
Hamburg to have second crack at hosting ICANN meeting
The City of Hamburg is to try again to bring in the ICANN crowd, after getting cancelled due to the pandemic last year.
German ccTLD registry DENIC, along with the city and local trade group eco, is taking a run at being selected as the host for ICANN 78, currently penciled in for October 2023, the company said this week.
It had been picked to host ICANN 69 in October 2020, but pandemic travel restrictions scuppered that opportunity.
The last six public ICANN meetings have been online-only, as will next March’s ICANN 73, which had been due to take place in Puerto Rico.
Hamburg’s chances would have to be said to be strong. Three other cancelled host cities — Kuala Lumpur, The Hague and Cancun — have already been confirmed for meetings in 2022 and 2023.
Of course, the ultimate decision-maker is a nucleic acid molecule wearing a spiky protein coat.
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