Just about a month ago, Bloomberg BusinessWeek posted an article about TeaParty.com and how the domain name could generate quite a bit of money for its rock band owners. The gist of the article was that “interest in teaparty.com is intense now but could plummet if the domain’s owners hang on too long.”
With the next presidential election fast approaching, it seems that the owners are under the same impression. According to a news release this morning, TeaParty.com is now listed for sale exclusively at Sedo. Based on the TeaParty.com sales page at Sedo, it appears that Dave Evanson is the broker for this domain name.
The BusinessWeek article created even more interest in the domain name, and the owners thought it would be a good time to try and sell it. “We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek. After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice,” said Stuart Chatwood, bass player of The Tea Party.
In my opinion, the timing would seem right for a big deal to happen. Hundreds of millions of dollars will be spent on campaigns to elect the next president, and owning a domain name like this can be helpful. As I said in a previous post about the value of TeaParty.com, “the band could move to something like TeaPartyBand.com or TeaPartyMusic.com or something they could hand register.”
Congrats to Sedo on getting this exclusive listing, and I wish them the best in selling it.
CAMBRIDGE, Mass., October 15, 2011 – Sedo, the leading online domain marketplace and monetization provider, today announced that TeaParty.comwill be listed exclusively for sale at Sedo. Highly relevant, timely and easy to remember, this exclusive domain name offers an unprecedented branding and investment opportunity to capitalize on the approaching election season.
Currently owned by Canadian rock band The Tea Party, the site was developed in the ’90s to educate fans about upcoming tour dates and other details for fans about the band. Over two decades years later, as the United States heads into the 2012 elections, the domain has gained significant relevance, and has already generated substantial interest from a wide range of political groups. The band has also received considerable international interest and garnered press coverage from the likes of Businessweek, Time and The Guardian on pure speculation that they were thinking of entertaining offers for the domain name.
“We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek. After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice,” said Stuart Chatwood, bass player of The Tea Party.
“It’s very rare when a domain name of this value and significance becomes available – especially one that is so timely and relevant,” said Kathy Nielsen, director of sales at Sedo. “With the election season right around the corner, TeaParty.com provides the right investor with very significant marketing and revenue opportunities very few domain names can offer today. We are very pleased to be chosen as the exclusive brokerage firm to represent this domain sale.”
Parties interested in buying TeaParty.com domain should contact Sedo at email@example.com.
Sedo, an acronym for “Search Engine for Domain Offers,” is the leading domain marketplace and monetization provider. Headquartered in Cologne, Germany and with offices in London, England and Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 18 million listings. The success of Sedo’s model has attracted a global membership base of more than 1 million domain professionals and end-users. For more information, visit www.Sedo.com.