Recent Posts
- Domain world growth despite .com slide
- Verisign predicts more gloom as registrars shun .com growth
- Republicans quiz NTIA on Verisign .com renewal
- Smaller, more intense ICANN meetings with no free cocktails?
- Private auctions to be banned in next new gTLD round
- .au prices going up
- Nominet names director hopefuls
- Crowdstrike screw-up took down ICANN’s email
- We grassed up .TOP, says free abuse outfit
- ICANN to earmark $10 million for new gTLD subsidies
- TV network rebrands on single-letter domain
- First registry gets breach notice over new abuse rules
- Americans and ICANNers avoid Kigali in droves
- RDRS stats improve a little in June
- Unstoppable Domains goes down after domain hijack
- Four more gTLDs in emergency measures
- New gTLDs and ccTLDs drive domain universe growth
- Eight interesting recent dot-brand registrations
- .me premium sales down
- Pride fails to reverse gay domains decline
- Unstoppable announces another new gTLD bid
- Blockchain naming firm gets ICANN accreditation
- ICANN takes over gTLD after Whois failures
- Verisign: would-be .com contract killers are “wrong”
- Five gTLDs at risk as registry goes AWOL
- Groups make flawed case that .com is a cartel
- RDRS usage hits all-time low
- A dot-brand so unloved they killed it twice
- PorkBun hits two million domain milestone
- Crawford returns to industry to head up Com Laude
- ICANN financial data dump a damp squib?
- Unstoppable plotting manga-themed gTLDs
- Governments call for new gTLD auctions ban
- ICANN names new CEO, and it isn’t Costerton
- ICANN: We will NOT police content
- More sticker shock as new gTLD fees could top $300,000
- ICANN slashes staff and domain prices could rise
- Secret new gTLD application revealed
- WhatsApp now linkifying new gTLDs, but…
- Outrage over ICANN’s new gTLD fees
- Barrett gets second term on ICANN board
- DotMusic delays gTLD launch again
- .tm prices to skyrocket next week
- Bitcoin gTLD gets launch dates
- First metaverse gTLD is announced
- Alibaba off the naughty step
- ICANN to kill auction fund bylaws change
- The people have spoken on RDRS and they said “Meh”
- ICANN restarts work on controversial Whois privacy rules
- GNSO mulls lawyering up over auction fund dispute
- Jury still out on ICANN’s content policing powers
- It now takes TWO WEEKS to get a Whois record with RDRS
- Travel expenses push ICANN into the red again
- ICANN preparing for ONE HUNDRED registry back-ends
- DNS Abuse Institute changes name
- A new way to game the new gTLD program
- .home, .mail and .corp could get unbanned
- Unstoppable to apply for Women in Tech gTLD
- Bob Parsons publishes autobiography
- GoDaddy getting a free pass from porn jail?
- Correction: Sinha’s seat is safe
- Chinese domains plummet again in 2023
- GoDaddy price increases lead to revenue growth
- D3 announces seventh blockchain gTLD client
- Taylor Swift applies for her .post domain
- .ad domains to go global soon
- Single-letter .com case back in court
- ICANN to slash costs as Verisign’s magic money tree dries up
- Community revolts over ICANN’s auction proceeds power grab
- Two seats up for grabs on Nominet board
- War takes steep toll on .ua domains
- .de worst TLD for CSAM — report
- .com still shrinking because of China
- ICANN publishes its Woke Manifesto. Here’s my hot take
- Alibaba, Name.com among new RDRS opt-ins
- .my domains to be sold globally next month
- The Swiss can register .swiss domains from next week
- .ai up to 425,000 domains
- A million “free” .music domains up for grabs
- D3 to get $5 million in crypto to apply for .ape gTLD
- Alibaba hit with ICANN breach notice
- New Vegas conference “Davos for Web3 interoperability”
- ICANN content policing power grab may be dead
- Cable company unplugs its dot-brand after acquisition
- Germany crosses 10,000 dot-brand domains milestone
- Founders out as Com Laude gets equity injection
- PIR’s Diaz to leave domain industry
- Some registrars have already quit ICANN’s Whois experiment
- ICANN opens $217 million Grant Program
- Internet could get one-letter gTLDs (but there’s a catch)
- .ai registry fights deadbeats with tweaked auction rules
- Amazon and Google among .internal TLD ban backers
- .ai registry advises buyers not to use GoDaddy
- .post liberalizes with new sunrise period
- Team Internet spends $41 million on content farm
- Epik backtracks on Kiwi Farms claim after legal threat
- .austin names launch on blockchain
- Freenom shuts down 12.6 million domains — report
- GoDaddy’s next .xxx contract may not be a done deal
- GlobalBlock blocking 2.5 million domains
- Microsoft moving its cloud apps from .com to .microsoft
- ICANN 79: anonymous trolls and undercover lawyers
- ICANN scores win in single-letter .com lawsuit
- Cosmetics brand terminates its gTLD
- Up to 70 jobs on the line at Nominet as .uk regs dwindle
- Governments back down on new gTLD next round delay
- Private auctions could be banned in new gTLD next round
- ICANN meeting venue “insensitive and hurtful”
- GoDaddy to start selling graphic.design domains
- GAC spinning up new gTLD curveball at ICANN 79?
- GoDaddy’s GlobalBlock supports blockchain names
- Police .uk domain takedowns dive in 2023
- GoDaddy wants to cut the bullshit from .xxx
- Dueling domain blocking services to launch at ICANN 79
- Freename tries to bridge DNS and blockchain
- Olive retires from ICANN
- Whois policy published without life-saving disclosure rule
- UK gov takes its lead from ICANN on DNS abuse
- Tucows reports 2023 results
- Twitter “completely unresponsive” on clickable domains
- ICANN spends $5 million more than planned in first fiscal half
- .art takes a million domains off its premium list
- KeyTrap ‘the most devastating vulnerability ever found in DNSSEC’
- Freenom settles $500 million Meta lawsuit and will exit domain business
- New gTLD lottery to return in 2026
M+M profits by losing new gTLD auctions
Kevin Murphy, June 10, 2014, Domain Registries
Minds + Machines managed to make a profit in 2013, after years of losses, due to its participation in private new gTLD auctions, some of which it “lost”.
The company today reported operating profit of £776,000 for the year to December 31, compared to a £3.07 million loss in 2012, on revenue of £4.12 million. Profit after tax was £729,000.
“Profit was primarily a result from participating three private auctions,” CEO Antony Van Couvering said in a statement.
Chairman Fred Krueger added:
As we expected, private auctions have become the key method of settling contention between applications and we have benefited from this development, as it has enabled our cash to work on a leveraged basis: the domains we have lost in private auction (for example .property and .website) have helped finance new TLDs we have acquired such as .wedding and .garden.
Minds + Machines (then Top Level Domain Holdings) said last October that it had raised £2.97 million by losing the auctions for .lawyer and .website.
Excluding the auctions, it looks like the company made just £36,000 in revenue, all of which came from its registry back-end business.
Recent Comments