Weekly Digest #102

Hello folks,
heres the weeks domaining news. Starting with a 450,00$ sale of meet.me, ICANN’s top level domain expansion program opposed and a Nominet’s annual study reveals a record number of domain name UK registrations in 2011 etc. etc..

Have a great week,

Mr B

Is It Too Late to Make Money in the Domain Business? Ask the Guys Who Just Sold Meet.me for $450,000
Nov. 10, 2011 | Ron Jackson – DNJournal

One of the questions I am most frequently asked is whether or not it is too late to make money in the domain business? Obviously, I thought the answer was “no, it’s not too late” when I entered the field in 2002 (a time when a lot of others were getting out).  Over the past decade my answer has always remained the same. Despite the amazing number of twists and turns we’ve see in this industry over the years there is no business I would rather be in than this one right now.

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Eighty-Seven Major National and International Business Associations and Companies Join with ANA, Forming the Coalition for Responsible Internet Domain Oversight (CRIDO), to Oppose ICANN’s Top-level Domain Expansion Program
November 10, 2011 | PR Newswire Association LLC

NEW YORK, Nov. 10, 2011 /PRNewswire/ — Eighty-seven major national and international business associations and companies have joined forces with the ANA (Association of National Advertisers), forming the Coalition for Responsible Internet Domain Oversight (CRIDO) to oppose the rollout of ICANN’s top-level domain expansion program. Among the many influential members of CRIDO are the Grocery Manufacturers Association, the National Association of Manufacturers, the American Society of Association Executives, the National Restaurant Association, the Intellectual Property Owners Association, the American Council of Life Insurers, the U.S. Chamber of Commerce and the World Federation of Advertisers (WFA).  The WFA represents a global network of 51 advertiser associations representing some 90 percent of global marketing communications spending, equivalent to $700 billion annually.

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Domain name industry study reveals record number of registrations
10 November 2011 | sourcewire.com

Nominet’s annual research shows .uk register growth outpaces gTLDs while consumer preference for .uk sites is at its highest ever

10th November 2011 – Nominet, the not-for-profit organisation responsible for .uk Internet infrastructure, will today release figures showing that .uk registrations grew by 10.5% over the past 12 months, bringing the total number of domains to 9.7 million by the end of September 2011. .uk also maintains its position as the world’s second largest country code registry after Germany’s .de. The figures are published in the latest edition of Nominet’s annual study of the domain name industry, which is formally launched at a conference of Internet professionals in London today.

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Domain Companies Show Off Their Wares at Ad-Tech
10 November 2011 | domainnamewire.com

Giant Ad-Tech conference continues today in New York City.

There are 277 exhibitors at this year’s Ad-Tech conference in New York City, and that includes some domain name companies.

The conference started Tuesday with the exhibit hall opening Wednesday morning. Afilias and its dotMobi brand will be showing off the mobile internet and .mobi domain names at booth 1950.

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QuoteBaby.com wins weekly sales chart at $89,965
10 November 2011 | domainnews.com

QuoteBaby.com domain name sold for$89,965 through Snapnames ,topped Domain Name Journal weekly sales list of reported domain names in the week to November 6,2011 .This week,there were no six-figure domain name sales. Sedo hasn’t had a great week in the sales chart,taking only five of the top 20 positions

Correspondingly,Snapnames took five of the top ten positions and eight of the top twenty positions.

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Yahoo wins MyYahooNews.com domain name in arbitration
11 November 2011 | domainnews.com

An arbitrator with the National Arbitration Forum awarded the domain name MyYahooNews.com to Yahoo .The company submitted a complaint to the National Arbitration Forum on September 26, 2011,asserting legal rights over the disputed domain name .

Yahoo owns many trademark registrations for the “Yahoo” mark.Therefore,it is more than obvious that the domain name is confusingly similar to its trademark.Moreover,Yahoo contended that the respondent registered and used the disputed domain name in bad faith :

“Complainant contends that Respondent’s website attempts to pass itself off as the WorldSID website and purports to provide a log-in page in an effort to collect Internet users’ information. “

“Complainant also contends that Respondent registered the domain name in bad faith with actual knowledge of Complainant’s rights in the YAHOO! mark because the mark is internationally famous and registered in the U.S. and elsewhere.”

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