Logicbank Media

Entrepreneurs Jake Winebaum and Sky Dayton were widely mocked for lavishing $7.5 million on a single Internet domain name — business.com — back in 1999. It was the single highest price paid for a domain name at the time.
Now look who is having the last laugh.
The company that grew out of business.com — a search [...]

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Strategic Agreement With Leading Online Media Company to Drive Broader Adoption of .tv Domain NamesMOUNTAIN VIEW, CA and SANTA MONICA, CA–(MARKET WIRE)–Dec 13, 2006 — VeriSign, Inc. (NASDAQ:VRSN - News), the leading provider of intelligent infrastructure for the networked world, today announced a strategic alliance with Demand Media to leverage its industry relationships and Web 2.0 expertise to market the .tv Top Level Domain Name (TLD) as the preferred Web address for rich media content.  VeriSign will continue to manage the underlying domain name registry for the .tv TLD, including the back end operations and management of the wholesale channel.The .tv TLD reflects more than the location of a Web site, it reflects the content of that site — in this case, a compelling and entertaining rich media destination.”VeriSign is very excited to be working with Demand Media to promote .tv — one of the most recognizable domain names in the world,” said Mark McLaughlin, executive vice president, VeriSign.  “By creating an intuitive destination for professional and user-generated video content, everyone from social networking communities to leading media portals can instantly attract consumers and new revenue opportunities.  The alliance with Demand Media will increase the global visibility of the .tv TLD and its inherent brand value.”"The Internet media landscape is rapidly evolving and users want to publish and share their personal video content.  By registering a .tv domain name and adding video content of their choosing, users can program their own channel,” said Richard Rosenblatt, chairman and CEO, Demand Media.  “We are thrilled to leverage the synergy of domain name registration and new media for the benefit of .tv registrants and Internet users worldwide.”The new alliance, which combines VeriSign’s domain name registry expertise with Demand Media’s innovative new media strategy, will offer companies new revenue streams and consumers more engaging experiences.  For case studies and examples of companies and individuals who are using .tv, visit www.tv.

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NameMedia, the industry leader in Direct Search and Premium Domain Name Sales, today announced that it has acquired Afternic, Inc., the industry’s pioneer marketplace for the resale of domain names.  Afternic will join with BuyDomains, NameMedia’s existing domain name marketplace, in creating the leading platform for the domain aftermarket.  Afternic enjoys a strong following in the domain name resale and service marketplace, and is recognized for superior customer service and innovative sales strategies.  Afternic’s Domain Name Marketplace has in excess of 1.8 million premium domains available for purchase supported by complementary products such as a domain name appraisal service, a domain purchase assistance team; secure domain name escrow services, and a platform for generating advertising revenue for domain owners.  “The Afternic acquisition advances our leadership position in creating an efficient marketplace for small and medium businesses to acquire domain names and insure a compelling digital identity,” said Pete Lamson, the Senior Vice President for NameMedia’s marketplace business.  Roger and Michael Collins, Afternic’s executive team, will remain as leaders of the Afternic business.  “We are excited by our new association with NameMedia and BuyDomains,” said Roger Collins, Afternic’s General Manager….  Our combined offerings, along with planned future products and services, will offer many benefits to our shared customers”.  Lamson said that NameMedia intends to maintain both the Afternic and BuyDomains brands and trading platforms.

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The domain sale Phobia.com has been sold through Escrow.com for $65,000 USD to Reflex Publishing Inc. of Brandon, FL, USA. The domain was purchased from a private party earlier this month with the company holding a half interest in the deal. More details to follow.
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Christian Chena of Chena Ventures announced today that the company has sold the Juegos.com domain for an amount in the eight figure USD range.  The buyer is believed to be European online gaming company specializing in games of skill and mobile games.  The company is looking to expand into the Spanish and Latin American [...]

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