• Home
  • Domains
  • Internet & Tech
  • Security & Privacy
  • Google & Search
  • Editorial Praise
  • Contact

Strategic Revenue - Domain and Internet News

Internet news authored by John Colascione

Register Domain Names

  • Isn’t Print Dead?
  • Killer Acquisition
  • New gTLD Death
  • Online Censorship
  • Gullible Domainers
  • You’re A Loser
You are here: Home / Domain Names / Verisign Warns Industry: Far Greater Worry Then Their Minuscule Rate Increase

Verisign Warns Industry: Far Greater Worry Then Their Minuscule Rate Increase

November 3, 2018 By John Colascione 4 Comments

*** Here Is A List Of Some Of The Best Domain Name Resources Available ***






NEW YORK, NY – They say that when you mess with the bull, you get the horns. Yesterday, Verisign, the company behind all issuing of .com domain names to ICANN approved registries, came out blasting attempts by industry insiders trying to control a price cap that was set by something called the Cooperative Agreement, an agreement between the NTIA (National Telecommunications and Information Administration) and Verisign (NASDAQ: VRSN), which for years,  prevented any increase in fees Verisign could pass on to its affiliated registries. That agreement expired on Friday, and it was replaced and renewed with price caps deleted.

In retaliation and in what seems to be a near ‘spit in the face’ blog post published by Verisign’s Jeannie McPherson, the group, which is believed to review all material before posted on its company blog, questioned who the real culprits are in the pricing fiasco between registries, registrars and consumers, going as far as blaming domain spectators and investors referring to them as “Domain Scalpers” as the real threat to consumers, in what looks like a stern warning by Verisign to back off, and not take these concerns and efforts further to ICANN, who at this point has the ultimate final say on whether .com prices, now uncapped by the Federal Government, will move forward with changes to their domain registry agreements.

The blog post went on to detail that while their own prices have been regulated, it has little relevance to what consumers actually pay for .com domain names as it does not sell, resell or register domain names to the public and that companies such as GoDaddy.com, set their own prices, completely unregulated, based on market demand. Adding fuel to the fire, Verisign points out that sites like HugeDomains.com and the entire secondary market who they describe as being led by “domain speculators – hiding in plain sight”, are who should really be regulated as this secondary market has free-reign to price domain names to the tune of millions of dollars if so desired.

This is obviously a calculated threat (by a company said to be ‘the most profitable company you’ve never heard of’, according to Warren Buffet) to back-off on price cap increases at the registry level or they will put their near-limitless resources towards lobbying for something far more worrisome then their minuscule 7% periodic registry increase [capping prices on the secondary market].

The current wholesale price of .com domain name registrations charged by Verisign to ICANN accredited registries is $7.85 per year. An increase of 7% would raise wholesale prices on registrations to roughly $8.40 each per year at which point registries would in most cases then make their own adjustments. On Friday when news broke of the extension of the Cooperative Agreement, Verisign was given the green light to raise the price of .com domain names by 7% in each of the last four years of its six-year incremental contract.

The single most important decision in evaluating a business is pricing power,” Buffett said. “If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business.” 

Berkshire Hathaway, Buffett’s conglomerate, first took a position in VeriSign, Inc. in 2013.

John Colascione 2024
John Colascione

About The Author: John Colascione is Chief Executive Officer of Internet Marketing Services Inc. He specializes in Website Monetization, is a Google AdWords Certified Professional, authored a ‘how to’ book called ”Mastering Your Website‘, and is a key player in several Internet related businesses through his search engine strategy brand Searchen Networks®

Filed Under: Domain Names Tagged With: .com, .com domain, .COMs, Consumers, Cooperative Agreement, Domain Industry, Domain Investors, Domain Name Registries, Domain Registrars, Domain Registries, Domain Scalpers, Domain Speculators, Fees, GoDaddy, Godaddy Auctions, Government, Huge Domains, HugeDomains, ICANN, NTIA, Price Cap, Register, Register Domain, Register Domain Name, Register Domains, Registered, Registering, Registrars, Registries, Registry Agreements, Secondary Market, Threat, Threaten, Threatened, Threats, Uncapped, Verisign

*** Here Is A List Of Some Of The Best Domain Name Resources Available ***






Comments

  1. kindred says

    November 3, 2018 at 3:07 pm

    Sounds a bit predatory to me that a monopoly is threatening the community this way. Does not sound like a steward to the namespace but a monopoly gone awry. verisign-gone-wild. they are sending the message that if the opposition does not go away they will squash what they provide to that very community. http://www.DisgracefulVerisign.com

    Reply
  2. Greenjobs says

    November 4, 2018 at 10:03 am

    What a stupid blog post. We prop-up VRSN stock.

    Reply
    • John Colascione says

      November 4, 2018 at 10:46 am

      This is what is happening and this is how I am telling it; irregardless of who benefits.

      Reply
      • carledgar says

        November 11, 2018 at 6:34 pm

        Good job, John – as usual 🙂

        Carl

        Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search This Site

by: John Colascione

John Colascione

Best Site for Things to Do While Visiting Florida
John Colascione is Chief Executive of Internet Marketing Services Inc. He specializes in Website Monetization, authored a book called Mastering Your Website, and is a key player in several Internet businesses through his brand SEARCHEN®

#Indiana.com

GEO domain name

Follow Me

John Colascione Twitter

The First Fiction Horror Story Based Entirely On An Internet Domain Name

The First Fiction Horror Story Based Entirely On An Internet Domain Name
A cyber thriller where the countdown to death is always ticking…

USED CARS ENTERPRISE

auto buyers market
Auto Buyers Market – Shop Used Cars by Participating Dealers at autobuyersmarket.com

In The News

  • DNJournal: New Book From Veteran Domainer
  • From Brandable to Exact-Match Geo Domain
  • InnovateLI: Two Deals, One Very Interesting Digital
  • Internet Commerce Association: John Colascione
  • NamesCon: Featured Attendee: John Colascione
  • Long Island Media Inc, SmartCEO, Future 50
  • Speakers, Name Summit, John Colascione
  • Speakers, Real Estate Summit, John Colascione
  • 24 Leading Domain Experts Analyze 2017

Popular Stories

New gTLD? Not So Fast; History Suggests New ‘Right of the Dots’ Could = Total Failure

Could Domain Investing Industry End with Legal Provision for Domain “Hoarding”

Did DuckDuckGo Just Acquire Premium Domain “Duck.com” from Google?

Websites and Domain Names to Become Insignificant within 20 Years or Less

Does the Domain Industry Suffer From Own Versions of Trumpted “Fake News” Stories?

Quotes to Follow

quote icon The domain name is equivalent to Gold. It is the only packaged item which is globally tax-free, portable, with value that is universal across different cultures. quote icon – Frank Schilling

quote icon Domains have and will continue to go up in value faster than any other commodity ever known to man. quote icon – Rick Schwartz

quote icon  Google knows you, your friends, your likes, what entertains you, where you are in the world at any given time. Google will soon predict your next action, your next thought, based on a collaboration of thoughts past. quote icon – John Colascione

Like These Headlines?

Enter your email address:

Delivered by FeedBurner

T.L.D. Brokerage

Domain Brokers

WHOIS Data Shrinks: GoDaddy’s Latest Move Reflects Post-GDPR Privacy Trend

PALM BEACH, FL - The public face of domain ownership is disappearing - and GoDaddy's latest announcement is just the latest proof. In an email sent to resellers today, GoDaddy announced it will no … [Read More...]

Google’s Search Market Share Dips Below 90% for First Time in Decade

MOUNTAIN VIEW, CA - Google's global search engine market share fell below 90% in the final quarter of 2024, marking the first time since 2015 that it has dipped under this threshold. Regional … [Read More...]

Records From 2024 AT&T Data Breach Are Once Again For Sale On The Dark Web

PALM BEACH, FL - A massive trove of nearly 90 million AT&T customer records, including Social Security numbers and other sensitive information, has resurfaced for sale on the dark web, reigniting … [Read More...]

Domaining blog recommended by Domaining.com

Copyright © 2010-2025 StrategicRevenue.com - Property of Internet Marketing Services Inc.   FeedBurner: RSS
By using this site you agree to our Terms of Service and Privacy Policy. If you do not agree, please exit the service.