Displaying posts tagged under "icann"
ICANN is forecasting 15 million new TLD registrations during the current fiscal year.
ICANN has slashed the number of new top level domain name registrations it expects during this fiscal year for budgeting purposes, but is its picture still too rosy?
That’s a question that members of the Registrar Stakeholders group asked ICANN’s board last week in Los Angeles.
In May, ICANN set a draft proposed budget for the 2015 fiscal year, which runs from this July to June 2015. Its revenue forecast from new top level domain names included a startling number of second level registrations under new TLDs: 33 million.
It has since revised the forecast down 55% to just 15 million.
Given results so far, it hardly seems likely that 15 million new domains will be registered in new TLDs before next summer — even if you include registrations occurring before the fiscal year began. There are currently about 2.8 million registrations.
Domain registrars are concerned that they’ll get stuck holding the bag if revenue comes in below target.
New TLD registries pay ICANN a fixed fee of $6,500 per quarter ($25,000 per year). If they have more than 50,000 “transactions” in a year, they pay 25 cents per domain. Transactions are actually domain-years, not registrations, but ICANN’s budget refers to a number of domains registered as an assumption in its forecast. I’m not sure how ICANN calculates this in the budget; they must be assuming a certain number of TLDs cross this threshold.
Should domain registrations come in below forecast, then ICANN will have a revenue shortfall. The easiest place to make that up, the registrars fear, is by increasing the variable registrar fee on domain name registrations. That’s the 18 cent “ICANN Tax” you usually see passed on to the customer.
ICANN’s latest FY2015 budget cites the number of new TLD registrations as a risk factor. In fact, it mentions the risk of a “lower number of transactions per registry” as “high”, and lists the likelihood of a “higher number of transactions per registry” as low.
It certainly seems that ICANN should be planning for a lot fewer registrations than are in its budget.
A quick visual look at this week’s ICANN meeting in Los Angeles.
It has been a busy, busy week in Los Angeles. I’ll have more thoughts on ICANN 51 later. For now, I have a collection of photos from in and around the event. Captions are below each photo.
Entertainment during TLD Registry (“Dot Chinese Online” and “Dot Chinese Website”) and .Club event on Sunday at a popular Chinese restaurant. I also had a chance to hang out with TLD Registry when it was in Austin last week. I’ve come to the conclusion that TLD Registry and .Club are two of the hardest working registries out there, which might bode well for their long term success. Click here to see the rest of the photos from ICANN 51.
A quick look at relevant sessions at this week’s ICANN conference.
ICANN 51 formally kicks off today in Los Angeles. There are a lot of domain name investors in attendance, so I created a quick guide to sessions that might be interesting to them. Even if you aren’t in L.A., ICANN has excellent online participation tools that make it almost easier to attend virtually than in person.
Here are my picks. Click here to continue reading and see the sessions
10 contention sets settled at last minute, including three by Amazon.com.
This month’s ICANN auctions of last resort for new to level domain names will settle just three contention sets, down from a schedule of 13 as of last month.
The only three still on the schedule are .spot, .salon and .realty.
Ten contention sets that were on the docket for resolution via ICANN auction this month have been settled: Click to continue reading…
Scammer sends fake renewal notices with goal of getting your credit card information.
ICANN may have shut down Domain Registry of America for now, but new scams pop up just about every day.
Joseph Peterson sent one example to me today that I haven’t seen before.
He received an email with the subject line “something.com EXPIRATION!”, in which something.com matched one of his domains. Although his domain doesn’t expire until next year, the email claims it expires October 14.
Interestingly, the email advertises that renewing the domain name only costs only $3 for a year (more on that later). If you click the payment link, you’ll see a page like this: click here to continue reading…