.Com base inches forward, .Net prices are increasing.
Verisign reported earnings after the bell today, and the results for .com/.net aren’t that promising.
It gets harder to grow something as it gets bigger, but net adds across these two domain names slowed by quite a bit.
Verisign reported just 0.42 million net new ads during the second quarter. Last year in the same quarter it added 1.2 million domain names.
The good news for Verisign is that new registrations of .com and .net remain fairly strong. 8.5 million new .com/.net domain names were registered last quarter, compared to 8.7 million for the same quarter last year.
The number is down, but not by that much. The company predicts a rebound in Q3.
Even better, Verisign is invoking its allowed price hike on .net domain names. The price will jump from $6.18 to $6.79 on February 1, 2015.
Who needs to grow the zone when you can just increase prices 10% a year?
Verisign used to be able to do that with .com, too. The U.S. government stepped in to put a halt to that.