David Kesmodel reports on Internet Real Estate company iREIT

[slaughterbeck]

I found this to be quite an interesting read from our friend David Kesmodel:

Internet REIT, the domain-name giant backed by large private-equity players, has stopped displaying ads on more than 200 domains that are “typos” of major brands following two news reports over the weekend on this blog. But it is still running pay-per-click ads on many other sites that are typographical variations of large American companies. Among them: The Walt Disney Co. A list of more than 60 iREIT-owned Disney-related domains is posted below.

Here is the link to the original article click here.

Best wishes,
Kimmy

 

[fonzie_007]

What's goofy about this is that iREIT actually has assets these companies can attack and iREIT is a sophisticated party. It's not like iRET is a 14 year old who is squatting... Seems to me that iREIT could be severely hurt with a large lawsuit.

 

[Dave_Z]

iREIT CEO Bob Martin and President and Chief Operating Officer Craig Snyder told me in a joint interview over the weekend that the company still has a lot of work to do to figure out how to effectively identify and remove “legally sensitive” domains. The company has owned many of its typos for months. Said Martin: “We are confident that in a short time we’ll have a good handle on these issues. I’ll never say we’re going to be 100 percent perfect.”

Clock's ticking.

 

[labrocca]

I think they should just go off-shore to really protect themselves from liability. I wouldn't doubt that some of their most profitable domains are typos of TM domains or simply contain TMs in the domain. Does anyone have a complete list of their portfolio?

 

[Keynes]

I think they should just go off-shore to really protect themselves from liability. I wouldn't doubt that some of their most profitable domains are typos of TM domains or simply contain TMs in the domain.

On the contrary, I think they want become more mainstream in the US markets to gain acceptance on private and public equity streams. Besides, going offshore won't alleviate UDRPS nor many lawsuits.