Domain Industry News

US Control of Internet Remains Issue

Thanks to Mike for sending me this link this morning: US Control of Internet Remains Issue

Resentment about the US control of the Internet continues to grow, and a UN sponsored Internet conference did little to quell this. The main issue is the control over the domain name system, which is currently held by the Internet Corporation for Assigned Names and Numbers (ICANN), a California based non profit organization. The US government retains veto power over ICANN, which is a contentious point for many countries. A few proposals were made to reduce or eliminate the US controls, but none were approved at the conference.

For the article, please click here.

Vista.com & VISTA TM Sold for $1.25 Million

The domain name Vista.com and the VISTA trademarks were sold by Innuity for $1.25 million. You can read the press release covering the sale here.

Sahar also has some commentary about the sale here. I think Vista.com is a fantastic generic domain name. It illustrates the topic of “domain usage.” Regardless of whether a huge company owns a trademark for the word, someone else can own it as long as the content doesn’t infringe on the other trademark.

Leland Hardy, Inspiring DNJournal.com Cover Story

Ron Jackson comes through again with a great article about Leland Hardy, scholar, professional boxer, sports agent, financial whiz, and owner of NewYork.com. Just reading the article makes me want to get to know Leland, and I think you will enjoy learning more about this brilliant person. Read the article here.

Biggest Impact on Domain Industry in 2007?

NameMedia, Inc. Files for IPO

Heary congratulations to the folks at NameMedia, who according to Reuters  and a post on DomainNameNews.com  filed with US regulators to raise up to $172.5 million in an IPO.   The company plans to list its shares on the Nasdaq market under the highly appropriate ticker symbol “NAME.”

This comes on the heels of great growth in the domain space.   Some of NameMedia’s better known properties include Afternic, BuyDomains, and Smart Name among others.    The company also recently announced strategic partnerships with leading  companies such as Network Solutions and Register.com.

And also, courtesy of Sahar’s Blog, the filing can be found here:

Two Certainties in Life: Domains and Taxes

I know its a bit early to begin talking about taxes, but its much better to think about them now than in April! Although I haven’t ordered this ebook yet, I’ve heard some great things about The Domain Tax Guide, written by Sandy Brooks, CPA. I plan to order it soon to give to my accountant. The price tag is a bit hefty for an ebook, but I think its well worth the investment.

If my friend Steve Maroulis thinks this is a must read, then I certainly need to buy it:

“A real eye opener!!! Must read book for anyone involved in buying and selling domains”
-Steven Maroulis, DNElite.com

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