Report: and Sold for £250,000 in Cash

I read a report this morning on that announced the sale of and for £250,000 in cash for the pair of domain names. London-based Media Corporation was the seller of the domain names, although the registrant information for these two domain names does not appear to have changed yet.

According to this morning’s report, the company appears to have done very well with the sale:

Media Corporation revealed that the domains were on its balance sheet at £130,000 with the sales representing a profit of £120,000 while it estimates annual staff and associated savings of approximately £350,000. was only recently launched and had yet to generate any material revenues while came in as a loss-making enterprise for the financial year to September.”

Because these domain names seem to have websites built on them, it’s questionable about whether the sales will be reported as pure domain sales or not. I guess it depends on what the new owner plans to do with the domain names post-sale.

One interesting tidbit from the article indicates that Media Corporation is doing what many domain investors have been doing these last couple of years: selling assets that aren’t making money to increase the amount of cash on hand.

I’ll keep an eye on the Whois information to see who bought the domain names.

Thanks to Chris for the tip.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn


  1. I can’t speak for Puranjay, but I most certainly would still consider it a website sale regardless of what the buyer does with them. If they were sold as domains only, it’s a good bet that the transaction price would have been significantly less. It’s what’s being sold at the time of transaction, that counts. Whatever the buyer does with the assets after the sale, shouldn’t change the classification of the original sale itself.

  2. Sara Vincent (nee Gulliver)’s brother perhaps? MDC website has her as CEO of PLC and so has she sold valuable asset to family or herself through her brother? Would be an interesting story perhaps

  3. Sara Vincent (Gulliver) is Chris Gullivers Sister. I also know that she has a financial interest in Net Matters.


Please enter your comment!
Please enter your name here

Recent Posts

It Pays to Know Random Phrases

My eyes bulge out of my head sometimes when I see a somewhat obscure term in a domain name coming up for auction. Oftentimes,...

Monitor Landing or Parking Page Downtime

When I first started developing my domain names, I learned the importance of downtime monitoring. On some of my growing websites, there would be...

Squadhelp is Reinvesting and So Am I

Squadhelp CEO Darpan Munjal shared a series of tweets about the growth of the platform. Darpan shared that revenue last month was higher than...

If You Want to See a Stampede, Look No Further Than This…

If you're seeking engagement on Twitter in the domain name space, the best thing you can do is tell people you're looking to buy...

Nick Huber: “drop a little coin” for a Premium Domain Name

I do not know Nick Huber, but I see he has a large following on Twitter and frequently offers advice to startup founders and...