Monday, November 24, 2014

New ICANN gTLDs - What’s Next?

Extract: "Although we are just beginning to see the impact of the auction process, some auctions are now being won for $5 million and higher. High fees for registries are raising eyebrows not only on the level of fees (over $23 million collected from registrars and registries to date) but on how these fees will be used by ICANN. The most recent figures indicate that ICANN’s surplus revenue from the new gTLD program is in the area of $87 million, and that this will be supplemented by over $20 million in auction fees – amounting to a staggering $100 million in profit".


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