ICANN extracts $20m signing fee for $1bn dot-com price increases and guess who's going to pay for it?

John Levine johnl at iecc.com
Wed Jan 8 20:46:33 UTC 2020


In article <CAGFn2k3E7q5GbH6m9PmHp2+bmna33PPtdHFdFSXDBjyeAodRKw at mail.gmail.com> you write:
>El Reg is more of a tabloid than industry media, but you can read almost
>the same views at domain industry blogs:
>http://domainincite.com/25129-breaking-verisign-pays-icann-20-million-and-gets-to-raise-com-prices-again
>https://domainnamewire.com/2020/01/03/com-prices-are-going-up-after-verisign-pays-off-icann/

I agree about El Reg, and would say the same thing about the other two which
are by and for domain speculators.

The domainnamewire story is just wrong, claiming that the $20M will go
into the ICANN general fund while in fact it's earmarked for security
projects.

The impact of this is that if you have a .com domain name, you may
have to budget as much as an additional $3/yr.  Wahoo.  I don't
necessarily think that Verisign is a pinnacle of virtue (although it
has been very good to its shareholders) but it's a tempest in a domain
speculator's teapot.

R's,
John



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