Where does all the money goooo?

[harpo]

Ok so one pays for a domain name, for example a .com or .net

now those registers like enom and godaddy will buy the names for you but where does the money go to for these names once they register the name for you???
i heard of Icann over sees the process if im correct now how much money do they make a year????

 

[armstrong]

Depends on the registry. For each .com reg, $6 goes to netsol, and 25cents(?) to ICANN. Whatever remains is divided between the registrar and the creditcard company (processing payments).

 

[StudioWorks]

Looks like netsol gets the big bucks:D

 

[sunken]

You would think that since NetSol gets the bulk of the .com registrations and I guess the .net as well (didn't they just get their contract renewed for .net?), they would be more lenient on their own prices. $35 is ridiculous for a domain name.

 

[slaughterbeck]

You would think that since NetSol gets the bulk of the .com registrations and I guess the .net as well (didn't they just get their contract renewed for .net?), they would be more lenient on their own prices. $35 is ridiculous for a domain name.

You can buy a few for that price which is one of the reasons why godaddy just past them to become the world's #1 registrar.