Wholesale price for .cc will be $8.00 beginning in May.
Verisign has confirmed to Domain Name Wire that it is reducing the cost of .cc domain names by about half.
Effective May 1, 2016, Verisign is changing the standard pricing for .cc domain names for all registrars worldwide to $8.00 USD for each annual increment of new registrations and renewals.
.Cc domain names have become popular with domain name investors snapping up short and numeric domain names. The price drop should drive further registrations, and also ensure higher renewal rates than what would have been expected.
That said, a $8.00 wholesale price is still much higher than the cost of many new top level domains. Many registries are offering domains to Chinese domain name investors for a retail cost of a dollar or two per year.