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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.

(Posted Oct. 28, 2010) 


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