Displaying posts under "Domain Registrars"
Plaintiff complains about multiple telemarketing calls.
A California resident has sued Web.com, claiming the company called her cell phone multiple times in violation of the Telephone Consumer Protection Act. The lawsuit seeks class action status.
Web.com disclosed the lawsuit in its most recent quarterly filing:
On October 31, 2014, a putative class action was filed in U.S. District Court for the Southern District of California (Tammy Hussin, et al. v. Web.com Group, Inc.). The lawsuit complains that the Company allegedly contacted the plaintiff and putative class (which plaintiff alleges may “number in the thousands, if not more”) on their cellular telephones via an automatic telephone dialing system without their prior express consent in violation of the Telephone Consumer Protection Act, 47 U.S.C. § 227 et seq. (“TCPA”). Plaintiff is seeking for each alleged TCPA violation $500 in statutory damages or $1,500 if a willful violation is shown. In addition to statutory damages and damages for willful violations, Plaintiff seeks injunctive relief. We have not yet responded to the Complaint and discovery has not yet commenced but we intend to vigorously defend ourself.
Rightside grows its eNom business, new TLDs generate $2.5 million in revenue as of end of Q3.
Rightside released third quarter earnings after the bell today.
Revenue for the third quarter came in at $48.8 million, up from $45.5 million in the same quarter last year and $46.7 million in the second quarter of 2014.
The company swung to a profit with a $4.1 million bottom line. However, its adjusted EBITDA — which presumably is a key metric it wants to be valued on — was ($0.6) million.
A particular bright spot for the company was moving the needle in its domain name registration business. Organic growth (excluding the Name.com acquisition) in domain services was 10.5% due to onboarding more eNom wholesale partners. Rightside had been having trouble growing this fairly mature business.
On the new top level domain front, Rightside recorded a gain of $8.6 million for withdrawing seven applications for new top level domain names.
As of the end of the quarter, Rightside had 15 top level domains out in general availability for an average of 89 days each. The company had generated over 80,000 registrations with almost $2.5 million in total cash sales. That’s an average of above $30 per domain name. While many of its domains have a wholesale price of $20, its initial sales include sunrise and landrush/EAP pricing. It also sells some domains for premium prices.
Company lowers guidance on weaker demand from its domain portfolio.
Web.com (NASDAQ: WWWW) reported earnings yesterday and lowered its guidance for the fourth quarter.
One of the reasons for lowering the guidance is that the new supply of TLDs is causing domain investors to dial back large purchases of existing domain names.
Customer losses still fairly low after switch to new system.
Last month I reported that Moniker only lost 17,506 .com domain names to transfers in June after its disastrous switch to a new registrar platform. I predicted that the number would shoot up in July, since it was easier to transfer domains out at that point. (Official .com registry reports are published three months after the end of the month).
The July report is out, and Moniker’s losses in July were essentially the same as June. The register lost just 18,057 domains to transfers. Click here to continue reading…
Trademark application covers registry services related to selling domain names to the public.
What does Amazon.com plan to do with top level domain names it is the registry for? Does it still plan to earmark them for just Amazon.com’s use? Is it just for defensive purposes? Or will it promote them to consumers?
We don’t know much, but a recent trademark application provides some possible hints.
Earlier this month, Amazon filed an intent-to-use trademark application with the U.S. Patent and Trademark Office for “Amazon Registry Services”.
The goods and services description contains a laundry list of offerings, including some that wouldn’t apply to a registry that doesn’t plan to promote its domain names to consumers: Click to read more…