Two weeks ago we called out the CEO of ICANN Fadi Chehade, for some remarks he made in a story published by the HuffingtonPost.com to wit:
“The reality is, the more there are names (new gTLD’s), less people will actually be hogging names in order to charge a lot for them.
Theregister.co.uk then followed up by reporting on the story which included my blog post
At the ICANN meeting this week Fadi was asked about his remarks on Hogging domains and according to Domainincite.com Chehade was given the opportunity to backtrack and he didn’t take it.
(you can watch the press conference here)
The Internet Commerce Association filed a letter with ICANN objecting to the use of the term as it relates to domain investors.
That letter is now publicly posted on ICANN’s site.
ICANN is holding its public forum today and I think its important to ask who Fadi was referring to when he called out “Domain Hoggers who are charging high prices for domains”.
If he was not referring to domain investors, and if he was not referring to new gTLD registries, then who was he referring to?
Well maybe he was talking about public companies such as Vodafone.
After all Vodafone now holds the record for selling the most expensive domain name, 360.com for $17 Million dollars cash.
Logic dictates that to get to a sales price of $17 Million you have to reject offers of $1 million, $5 Million, $10 Million along the way, and we have a confidential source who says Vodafone turned down $14 Million fairly recently before deciding to accept $17 Million.
For those that don’t know Vodafone is a publicly traded company with a $92 Billion dollar Market Cap.
Asking for a few more million dollars to sell an asset that is not core to your business when you’re already worth $92 Billion, well some could consider that being a “Hog”.
According to DomainTools.com, Vodafone owns over 43,000 domain names, which is a lot more than many domain investors.
When it comes to a large number of domain name registrations by public companies, Vodafone is far from alone
According to Domaintools, here are the approximate number of domain names the following public companies own:
Google 480,000
Microsoft 190,000
Johnson & Johnson 42,000
Amazon 38,000
Disney 18,000
General Electric 12,000
(Note that both Amazon, Google, Microsoft and Johnson and Johnson applied for new gTLD’s as well given ICANN more funds in applications fees and ongoing fees)
I know that many of the domains registered by public companies are defensive in nature, but still they are major domain holders too.
When CBS Interactive acquired CNET.com years ago they acquired some of the best domain names in the world including Radio.com (which sat for years ago unused), Download.com, Downloads.com, Upload.com, News.com, Search.com, TV.com, MP3.com, Computers.com, Help.com, Shopper.com, Events.com, Chat.com, some of which they have sold over the years.
Talk about a Domain Hogger.
Domain Administrator says
Excellent Mr. Berkens. I wish, Rick puts this Fadi a permanent place on “Hall of Shame”
Acro says
Fadi appears to be disconnected from the domain community, he does not even own his full name in .com; the domain was *offered* to him by the fella who registered it but there’s no interest by the CEO, apparently.
Domain Observer says
The first round of attack against domain investors was the introduction of thousands of new gTLDs and, one year later, it turns out to be an unsuccessful attack. Now, second round of attack is needed for the haters. Domain investors, expect the second one.
Louise says
Chehadi is happy with his pay:
besides who knows what profits get realized in secret deals? Chehadi is not concerned over the community’s opinion of him, I don’t think.
h4ck3r says
“We went from twenty-something top-level domains … to hundreds now… We think it will actually reduce cybersquatting eventually.”
Where in that sentence does he call domainers, domain investors, those with massive portfolios, those holding domains to charge a lot for them the “C bomb”?
Nowhere, that’s where. You can infer all you want but that doesn’t change anything.
Let me give you an example of a similar statement:
“We think that by printing money with additional security codes we think it will reduce counterfeiters eventually”
Does this mean people with money are counterfeiters?
I guess I should add whiner to the list of terms for domain investors.
Ed says
Your analogy is flawed because the individuals (counterfeiters) who counterfeit money are by definition breaking the law.
If you want to make a point you can try again by improving the wording of your analogy.
h4ck3r says
Are you then claiming then that Cybersquatters are not, by definition and in the context used, not breaking the law?
The point I was making is that he did not say anywhere refer to domain investors / hoggers / hoarders in that sentence. He merely said he would reduce Cybersquatting – the illegal activity you all so abhor. This is exactly what my analogy said (of course all analogies fail at some level so one shouldn’t spend too much time breaking them apart).
If I had said that “We think that by printing money with additional security codes it will reduce the amount of counterfeiting by financial investors” you would have a point as I have associated the legal and the illegal. But did Fadi do that?
In this instance, I believe he was talking about cybersquatting in the illegal sense versus a layman using the term squatter and his belief that it would be reduced.
In this instance I believe the persecuted domainers have take the term cybersquatter and themselves conflated it with domain investor.
8p6 says
Where did anyone use the C word I believe Mr. Berkens said hogger and that is the derogatory term that the president of ICANN used hogger.
h4ck3r says
That would be in the linked letter and in the prior reference post.
In fact, it was marked as “emphasis added”.
Apple has been accused of hoarding cash. Is hoarding the acceptable term? Are we really going to cry about the use of hog vs hoard?
Louise says
Don’t talk about Apple, in the same breath as domain investment! From Michigan Senator Carl Levin’s 2013 statement about Apple’s tax strategies:
Hog/Hoard – Apple takes the prize!
Different from assembling a collection of domains for resale to end users, where the applicable fees are paid in full.
h4ck3r says
Come on now, a lot of domain investors tax filings are worse than Apple (i.e. evasion vs avoidance).
If you’re looking at avoidance,
I’m sure Seven Mile Beach was not chosen purely for the view.