I received word this afternoon that the auction for the Tweeter.com domain name and related assets has been pushed back. The new auction date has not been set by Hilco Streambank, the company running the auction on behalf of the domain owner, a lender to Tweeter.
According to Hilco Streambank’s David Peress, “There has been significant interest in the assets with several potential buyers expressing the need for more time. We are going to accommodate them. We’ll set a new auction date soon.”
If you aren’t aware, the Tweeter.com domain name became available as a result of the bankruptcy of a music store called Tweeter, which was founded in 1972. The company employed hundreds of people, and it operated somewhere between 50-100 stores throughout the country. Tweeter was once a very popular music chain, especially in New England (where it was founded), although its bankruptcy and closing left many customers and employees angry.
Once the company has announced the date of the auction, I will share the details.
Tweeter photo courtesy of Paull Young via Flickr.
I doubt it. Time will tell…
As far as I am aware, it was sort of a last minute addition to this particular Hilco auction. I assume it’s probably because there was considerable interest in domain names generated from the Bargain.com and ETM.com auctions. However, I also assume companies will need to perform due diligence before making a bid on Tweeter.com. This, of course, assumes some bidders aren’t in the domain space but are in the music space.
How do you figure there is “considerable interest” in Bargain and ETM?
I think it’s just the opposite.
Hilco’s system is a pain in the ass to deal with including the registration process. It’s not a very user friendly setup. This could be why there is not so many bidders as well as the deposit that has to be made (which I don’t mind).
Considerable interest as in people in the domain business know about the auction and there’s interest. Not necessarily lots of bids.
I was already outbid on ETM.com though.
>>I was already outbid on ETM.com though.
Same here.
What’s Bargain.com at currently?
@Tony – sold for 150K
Thanks, David.
Agree with WQ. It was a steal at that price. I just wished I had that kind of spare change lying around…
150K is a bargain. High traffic domain.
I used to own the typo that went with it. Lotsa traffic.
I believe I was the 1st registrant of Bargin.com; back in the “could buy domains only from Network Solutions” days.
When I realized a few days later that I’d made a mistake in the spelling (and Bargain.com was already long gone), NSI was nice enough to refund me the expensive reg fee (around $100 for two years, if I recall correctly).
Ooops!