ICANN to lift price caps on .net domains

Scorpio · 07-08-2005, 11:40 PM

Quote:

Owners of .net Web addresses may face higher registry fees in the future--but not until 2007.

The Internet Corporation for Assigned Names and Numbers, the nonprofit organization responsible for Internet addresses, quietly agreed to lift wholesale price restrictions on .net registry fees last month when it renewed a contract with VeriSign to run the master database for .net domain names.

Buried in the fine print, the fact has escaped notice until recently. Over the past several days, news of the change has traveled around the Web.

"(It's) a move that may signal ICANN's intent to get out of the business of regulating domain name pricing," noted Internet services firm Netcraft.

ICANN used to cap .net domain fees at either $6 or $4.25, depending on the type of address. Under the new, six-year VeriSign contract, the cap is now $4.25 and that cap will remain in effect until Dec. 31, 2006, after which time all price restrictions expire.

A VeriSign spokesman told Computer Business Review that it's unlikely to raise prices, and would do it only to invest in its infrastructure. The master-registrar has agreed to give six months' notice in advance of any price changes, Netcraft noted.

Netcraft said prices are likely to remain stable because the domain-name market is very competitive. Domain names are practically given away as part of Web hosting packages, the group noted.
????: NamePros.com http://www.namepros.com/industry-news/105174-icann-lift-price-caps-net-domains.html

Others were less certain. "I'm not yet sure whether it's a change for the good or the bad," wrote Bret Fausett in his Lextext blog. "On the one hand, it gets ICANN out of the messy, non-"technical coordination" business of price control. On the other, will I be able to afford to renew my .net domain names after 2007?"

The $6 price cap will still apply to the more popular .com registry, which VeriSign also controls. That contract expires in November 2007.

http://news.zdnet.com/2100-9595_22-5780400.html

taheny · 07-09-2005, 12:00 AM

Thank you for the article. It will be interesting to see how this pans out. I hope registrar competition can keep .net prices down from 2007 onwards.

noiprox · 07-09-2005, 07:38 AM

interesting... thnx for the post!

OvenMitt · 07-09-2005, 08:45 AM

Another reason I remained unimpressed with .net

GJ · 07-09-2005, 10:01 AM

Originally Posted by microdude431

I have never seen a .net for $4.25, most are $7 & up.

Well the profit has to be made somewhere.

Venolus · 07-11-2005, 05:57 AM

Thanks for the post, nyway, i hate .net domains

unknowngiver · 07-11-2005, 08:12 AM

Great article

a great disadvantage for .net domains

Ringr · 07-11-2005, 11:40 AM

Wow.
I own one .net domain and this news just plain sucks.

I hope a big petition is started against this..

equity78 · 07-14-2005, 02:57 PM

Fabulous .NET Registration Price
Dear Valued Customer,

Thank you for your continued support of Fabulous.com.

Fabulous.com is pleased to announce a reduction in the price of .NET domain name registrations for all wholesale customers.

The changes will be as follows:

.NET Registration:$4.75

.NET Transfer:$4.75

.NET Renewal:$4.75

This change took affect on the 13th of July 2005.

If you have any questions or concerns please do not hesitate to contact our Customer Care Department, support@fabulous.com.
????: NamePros.com http://www.namepros.com/showthread.php?t=105174

Kind regards,

Customer Care Team

Riceman · 07-14-2005, 05:47 PM

it is cheaper now but I am worried what happens next week

coolpix · 07-15-2005, 12:51 AM

Thanks for the info. Not a good news for .net domain owners.

Ringr · 07-15-2005, 01:37 AM

Hopefully this will not happen to other extensions. :/

asmarterhost · 07-15-2005, 07:50 AM

I was planning to buy a .net but ill see where it goes.

Venolus · 07-16-2005, 06:15 AM

Now, i am thinking i should buy more .net domains before the prices go really up so that i can get good resale value

07-09-2005, 07:38 AM	#3 (permalink)
noiprox DNOA Member Join Date: Jun 2005 Location: ilovepiercings.com Posts: 780	interesting... thnx for the post! __________________ This Space for Sale - PM Me

07-11-2005, 05:57 AM	#6 (permalink)
Venolus NamePros Regular Join Date: Jul 2005 Location: Kerala, India Posts: 858	Thanks for the post, nyway, i hate .net domains __________________ :yell: Script Installations for $7 :yell: Forum Installations for $5 :yell: Forum Modification Installation and Custom Skin Designs. :yell: All Now @ Venolus.com

07-11-2005, 08:12 AM	#7 (permalink)
unknowngiver Senior Member Join Date: May 2005 Location: Ontario Canada Posts: 3,088	Great article a great disadvantage for .net domains __________________ Simplifying Engineering \|\| $$ Currency Converter $$ Julsh - Community/Dating Website \|\| Free Image hosting Fresh Proxies \|\| Random Proxy \|\| Troll Board

07-14-2005, 02:57 PM	#9 (permalink)
equity78 NamePros Expert Join Date: Oct 2004 Posts: 7,639	Fabulous .NET Registration Price Dear Valued Customer, Thank you for your continued support of Fabulous.com. Fabulous.com is pleased to announce a reduction in the price of .NET domain name registrations for all wholesale customers. The changes will be as follows: .NET Registration:$4.75 .NET Transfer:$4.75 .NET Renewal:$4.75 This change took affect on the 13th of July 2005. If you have any questions or concerns please do not hesitate to contact our Customer Care Department, support@fabulous.com. ????: NamePros.com http://www.namepros.com/showthread.php?t=105174 Kind regards, Customer Care Team __________________ Host your website with name.com and get up to $10.99 off any domain registration First Quarter 2012 5 letter.com sales report

07-14-2005, 05:47 PM	#10 (permalink)
Riceman Senior Member Join Date: Sep 2003 Posts: 1,015	it is cheaper now but I am worried what happens next week __________________ :gl:

07-09-2005, 12:00 AM	#2 (permalink)
taheny NamePros Regular Join Date: Oct 2004 Posts: 632	Thank you for the article. It will be interesting to see how this pans out. I hope registrar competition can keep .net prices down from 2007 onwards.

07-09-2005, 08:45 AM	#4 (permalink)
OvenMitt NamePros Regular Join Date: Feb 2005 Posts: 463	Another reason I remained unimpressed with .net

07-11-2005, 11:40 AM	#8 (permalink)
Ringr Senior Member Join Date: Jul 2004 Posts: 1,381	Wow. I own one .net domain and this news just plain sucks. I hope a big petition is started against this..

07-15-2005, 12:51 AM	#11 (permalink)
coolpix NamePros Regular Join Date: Jul 2005 Posts: 247	Thanks for the info. Not a good news for .net domain owners. __________________ AIMForum.com - Ready, AIM, Chat! Forum Elves - Quality Forum Posting At Affordable Prices! - Order A Package

07-15-2005, 01:37 AM	#12 (permalink)
Ringr Senior Member Join Date: Jul 2004 Posts: 1,381	Hopefully this will not happen to other extensions. :/

07-15-2005, 07:50 AM	#13 (permalink)
asmarterhost NamePros Member Join Date: Jun 2005 Posts: 175	Hmm... I was planning to buy a .net but ill see where it goes.

07-16-2005, 06:15 AM	#14 (permalink)
Venolus NamePros Regular Join Date: Jul 2005 Location: Kerala, India Posts: 858	Now, i am thinking i should buy more .net domains before the prices go really up so that i can get good resale value __________________ :yell: Script Installations for $7 :yell: Forum Installations for $5 :yell: Forum Modification Installation and Custom Skin Designs. :yell: All Now @ Venolus.com

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ICANN to lift price caps on .net domains

Hmm...