Meetme.com (MEET) reported it earnings for the quarter and fiscal year ending December 31, 2012 after the market closed on Thursday night and the earnings report send the stock up over 15% in regular trading on Friday. You may remember that Meetme.com is the company that bought the domain name Meet.me for $450,000 "Total revenues from continuing operations for the fourth quarter 2012 were … [Read more...]
.Menu One Of The First New gTLD That Should Launch Goes With Namejet/Afternic
WhatBox? LLC, the applicant for the new top level domain .MENU, has selected NameJet and Afternic to operate the sunrise and landrush auctions, and offer premium name distribution for the .MENU top level domain (TLD). According to a press release we received today, .Menu "is targeting restaurants and food enthusiasts in its efforts to contribute to the evolving online culinary … [Read more...]
BankRate.com Buys CardOffers.com & Spends $34 Million On Domains & TM’s In 2012
Bankrate.com (RATE) spent almost $34 Million Dollars on Domain names and trademarks in 2012. One of the 2012 acquisitions appears to be the large lead generation site, CardOffers.com which was purchased sometime in October 2012. Bankrate.com applied for a trademark on Cardoffers.com in October, 2012. The domain is currently showing as LinkOffers.com as the owner of the domain. In … [Read more...]
CEO Of Marchex: We Don’t Believe The New TLDs Are A Significant Factor In Value of .Com’s
In the Marchex (MCHX) earnings call today a question was asked about how the new gTLD's will effect .com's values specifically those domains held by Marchex. and how the continued movement of consumers to smart phones will also effect the values. Here is the question which was asked by Andre Sequin of RBC Capital Markets, LLC, Research Division: "In terms of the value of the domain … [Read more...]
Demand Reports: Content Revenue Up 25%; Registrar Up 10%: Domains Up to 13.7 Million
Demand Media, Inc.(DMD), today reported financial results for the fourth quarter and fiscal year ended December 31, 2012 and combined with Demand's statement that they are considering spiting the company into to different public companies, shares are up over 17% in after hours trading. Q4 2012 Financial Summary: Content & Media revenue ex-TAC grew 25% year-over-year, driven by 24% page … [Read more...]
Report: Google To Open Google Stores By The Holidays: Will They Sell New gTLD’s?
According to 9to5google.com, Google is going to roll out retail stores cross metropolitan areas in the United States ahead of the holidays this year. Google Stores will be used to show off Google’s own brand of products, such as the Nexus lineup of Android smartphones and tablets, as well as Chromebooks. I guess if Google goes ahead with opening retail stores they might as well sell their … [Read more...]
Warren Buffet Invests In $165 Million Dollars into Domain Industry
According to TheStreet.com, the most famous stock investor on earth, Warren Buffet's company Berkshire Hathaway (BRK.A) has purchased 3,685,700 shares of Verisign (VRSN). At the closing price of Verisign yesterday he investment represents around $165 Million dollars or about the size of the investment Marchex made in the purchase of Yung Ye's domain name portfolio some 8 years ago. We told … [Read more...]