There are millions of .com domains, each renewed for (I think the wholesale is about) $6 per year.
The only thing they do is keep the list.
Great work if you can get it.
Quote: It also gave VeriSign control of the .com domain until 2012, and permitted the registry to raise prices by 7% a year from 2007.
Quote:an anti-competitive agreement with ICANN will raise costs another 50% over the next six years
Say goodbye to under $10 domain registrations :hoxmassnow9:
ICANN releases revised .com agreement:
Quote:Internet overseeing body ICANN has released a revised contract for all dotcoms which it hopes will finally end a huge legal fight at the heart of the Internet.
The new agreement - that was hailed back in October as bringing in a "new era" for the Internet by ICANN head Paul Twomey - contains several important alterations.
They are:
* Removal of a transaction fee that would have been charged to all companies selling a dotcom domain
* A new direct contribution that VeriSign pays to ICANN direct
* Some limits on VeriSign's price-rising powers
* Reduced scope for VeriSign to sell personalised data to third-parties
* Marginally increased control over VeriSign's ability to introduce changes to the existing dotcom business model
full article:
http://www.theregister.co.uk/2006/01/30/..._contract/
related topic:
Verisign to control .com TLD until 2012 http://community.tuliptools.com/index.ph...965.0.html
Quote:However, the new agreement still provides VeriSign with a presumptive right of renewal - meaning it is effectively given permanent control of the dotcom registry, and it also allows the company to seize control of all expiring domains
Quote:Under the new agreement, VeriSign will seize control of all expiring domains and will be entitled to sell them through its own system - keeping 10 per cent of the proceeds
Total shit. That fucking sucks.
Verisign settlement
http://www.icann.org/topics/verisign-settlement.htm
http://www.icann.org/topics/vrsn-settlem...9jan06.pdf
Quote:Under the new agreement, VeriSign will seize control of all expiring domains and will be entitled to sell them through its own system - keeping 10 per cent of the proceeds
If CFIT loses its lawsuit, ICANN and Verisign will put many companies out of business with that part of the deal.
The ICANN/Verisign deal isn't meeting with a lot of approval. A sampling of comments from ICANN's message board:
Danny Younger Wrote:Isn't it wonderful how two parties can come together
to amicably settle their differences by jointly
deciding to screw an innocent and defenseless third
party instead? It reminds me of Ben Franklin's
comment about two wolves and a sheep voting on what to
have for dinner.
The first wolf, a corporation that takes in more than
$1 billion in annual revenue, has threatened a costly
and ongoing lawsuit against the second wolf whose
annual budget is a pittance by comparison.
The first wolf wants to make even more money and seeks
to be granted the right to fleece a herd of sheep in
perpetuity.
The second wolf fears being crippled by ongoing
litigation and being damaged further by negative PR
campaigns.
They collude...
full post:
http://forum.icann.org/lists/revised-set...00004.html
nametycoon Wrote:This contract will be the direct result of the next
.com bust if signed. Literally.. You will be wiping
out an entire industry with the stroke of a pen.
Rewarding Verisign for it's past wrong doings.
full post:
http://forum.icann.org/lists/revised-set...00003.html
George Kirikos Wrote:The sale of traffic data provisions is unacceptable. Notice that the
language specifically permits access to data on "non existent domain
names" for "promoting the sale of domain names". In other words, if
example.com is getting a lot of type-in traffic, and is unregistered,
VeriSign could sell that data, thereby promoting low-cost
cybersquatting...
full post:
http://forum.icann.org/lists/revised-set...00000.html
All comments on the deal:
http://forum.icann.org/lists/revised-settlement/
[quote author=jezebel link=topic=1507.msg8766#msg8766 date=1138932214]
Quote:Settlement Shmeddlement! Verisign sucks!
[/quote]
They've always sucked. This'll make them suckier.