I didn't write much leading up to the Verisign (VRSN) acquisition of .Web for $135 Million this week, but I have plenty of thoughts on the subject. First and foremost it's a no brainier for Verisign Forget the $1.9 Billion they have sitting in the bank and focus in on the over $9 Billion dollar valuation the company has which went up over 3% on Friday. This more than made up for the … [Read more...]
Donuts Offers To Buy All Of Rightside new gTLD’s For $70 Million Cash
Donuts Inc., publicly announced its interest in acquiring Rightside Group, Ltd.'s (NAME) entire registry of generic top-level domains (gTLDs, also known as domain extensions) and related assets for $70 million in an all-cash deal. According to a press release out today, Donuts said "this move is in keeping with Donuts' stated strategy of expanding its selection of not-com domain extensions, … [Read more...]
Rightside Hits 52 Week High on 10X It’s Average Volume
Share of Rightside (NAME) hit a 52 week high today on big volume. Shares closed at $9.31 + $.23 as shares hit a 52 week intra-day high of $9.51 on 265,271. The 90 moving average daily volume is only 23,497 The market cap of Rightside at today's close is 178.75 Million. The 52 week low of Rightside is 6.05. There appears to have been a trade for 200,000 shares during the day. A … [Read more...]
1st Day New gTLD Totals: .Group 3,445; .Salon 364
Donuts released two new gTLD's into General Availability yesterday (GA) when domains could be registered on a 1st come, 1st served basis. Including all domain registrations during the Sunrise Period for trademark holders and those who paid additional fees to register domain names before GA, in the Early Access Period (EAP), .Group ended the 1st day of GA with 3,445 registrations according to … [Read more...]
Rightside Explains Premium Domains & How They Sold 675+ @ $1K a Year; & $5M+
Drew Macpherson who says he is the head of the Premium Team at Rightside (NAME) explains Rightside definition of a Premium mew gTLD domain and the various levels they have. In the post Rightside says they have sold over 675 domains at an annual renewal of $1,000 or more per year. Here is the highlights of the blog post "I’ll be one of the first to admit that new TLD registries didn’t do … [Read more...]
Rightside Gets .Games Will Launch in 3Q; Uniregistry Launching .Game This Week (Sunrise)
Rightside (Nasdaq: NAME), today announced it has secured the .GAMES domain extension. Rightside plans to launch .GAMES in Q3 2016, starting at a standard wholesale price of $12.00. Donuts was the sole applicant for .Games, which is one of the jointly owned new gTLD domain extensions with Rightside. There were 5 applicants for the new gTLD .Game, including Google and Amazon, which was won by … [Read more...]
Hexonet Launching Backorder Service For Dropping Donuts & Rightside New gTLD’s Domains
The domain name registrar Hexonet just announced they are starting a backorder service for dropping new gTLD domain names starting on May 1st for Donuts and Rightside strings. Prices vary by the string and domain names that have more the one backorder will go to auction Here is the announcement: HEXONET's is activating Backordering for all Donuts and Rightside TLDs (400 TLDs in total) … [Read more...]