Domain Name Wire

Domain Name Wire

  • Breaking: NBC Transfers Women.com to Done! Ventures in Lawsuit Settlement

    1. BY - Sep 19, 2011
    2. Policy & Law
    3. 4 Comments

    Busted seven figure domain name deal comes to resolution.

    It looks like the end result of a legal battle over Women.com has ended with the transfer of the domain name to Done! Ventures.

    Done! Ventures thought it had a deal to purchase Women.com and Women.net from NBC Universal for $1 million last year. But then NBC allegedly backed out when its then President & CEO Jeff Zucker apparently vetoed the deal.

    Done sued NBC to get it to go through with the sale. It later sued domain name broker Sedo for $10 million for allegedly failing to enforce the deal.

    Right as depositions in the lawsuit were to begin, the two parties struck a settlement.

    Although the terms of the settlement haven’t been released, the domain names just transferred to Done! Ventures’ founder Benjamin Padnos today.

    NBC acquired the domain names when it bought iVillage.com.

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