Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson.
Court
Approves $13 Million Sex.com, Paves Way for That Domain
to Become the Top All Cash Sale Ever Reported - Also in
the News: Epik, Bido & DomainConsultant.com
On
Wednesday (Oct. 27)Los
Angeles bankruptcy court judge Geraldine
Mund approved the sale of Sex.com for
$13 million. Once the funds have been
received and the domain transferred to its new
owner - Clover Holdings of St. Vincent
- it will officially become the highest all
cash domain sale ever reported publicly.
A
completed sale will bring to a close another
chapter in the wild
history of Sex.com. However
another chapter will begin right away as the judge
has to settle a dispute among the current Sex.com
creditors over who will get how much from the sale
proceeds. Kieren McCarthy published an informative
piece detailing that situation at The
Register today.
Several
other notes today. Amid reports that Google
has de-indexed a number of Epik
developed websites, we hear that company founder Rob
Monster plans to update Epik publishers on the
situation tomorrow afternoon at 5pm (Friday, Oct.
29) and tell them how the company intends to
address the issue and maximize earnings both now
and going forward.
Just in time
for Halloween, Bido.com
is back from the dead! One of the
original founders, Sahar Sarid, had
shuttered the auction site earlier this
year, but this week Sahar confirmed to me
that he has sold the operation to a new
company that is reviving the platform.
Sarid is no longer involved but his right
hand man from the last iteration of Bido, Jarred
Cohen, is on board again. We wish
Jarred and the new team the best of luck.
Automated domain
appraisal systems have always been
greeted skeptically (to put it kindly) by
veteran domainers. That hasn't stopped DomainConsultant.com
from taking a new stab at it with
something they call the DCV Pricing
System. On a page detailing how
the system works, DC says the
system is comprised of three mathematical
formulas that owners and buyers can use to
produce a substantiated value and asking
price for any domain or developed
property.
A reliable
tool of this kind would be a huge
breakthrough. The guys at DC have been
around the block a few times so you always
have to take any innovation from their
shop seriously. You can check out their
system for yourself and draw your own
conclusions.
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Lowdown, so please email [email protected]with any interesting information you might have. If possible,
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example a URL if you read it in a forum or on a site
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