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Old 01-09-2007, 02:38 PM   #1 (permalink)
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YULE.CN >> Worth 100 million dollars

Interesting Article
Source: http://digg.com/offbeat_news/CHRIST...MILLION_DOLLARS
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CHRISTMAS GATE WORTH 100 MILLION DOLLARS

This is absolutely not an antique or hi-tech gate, nor is it any real gate. It is a clumsily designed picture on a certain web page. Nevertheless, the owner wishes to sell it for 100 million dollars. It is a domain name of the Internet, yule.cn. In English, yule means Christmas. While in Chinese, it means entertainment. Thus, this domain name becomes a big name for China Entertainment. The owner says that he has sent emails to CEOs of News Corporation, Viacom, AOL, Disney, Universal and other big companies with a sales proposal. He also approaches capital brokers for help.

Entertainment, news, sports and finance are the four most important sections in China’s information portals. And entertainment has the second largest amount of clicks behind news. As an analysis by Yahoo reveales, people are far more concerns about entertainment news than international news. This has been confirmed by what happened to a popular singing contest show in China, Super Girl, which attracted 400 million viewers last year. The sponsoring company, Mengniu Dairy, raked in 1.1 billion HK dollars in Hong Kong stock market. The number of people who use mobile phone to access the Internet will soar again in the 3G era. Since mobile phone input is somewhat limited, a brief domain name will facilitate the access. However, due to an extremely tight supervision upon traditional media in China, not much support was given to investment in transnational media companies. Thus, media magnates are making a turn these couple of years to invest heavily in the Internet, hoping to have a fair share in the country which has a population as large as 1.3 billion in the future.

Will yule.com catch media magnates’ eyes? Who will obtain this domain name finally and land before others the on-line entertainment market which receives least impact by China’s policy supervision? Will this red gate open at last to welcome the 100 million US dollars? No one knows.
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Old 01-09-2007, 02:42 PM   #2 (permalink)
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Re: YULE.CN >> Worth 100 million dollars

sold!

whats paypal for an instant transfer?

Seriously though, if this does mean "entertainment" in chinese it very well may fetch a few mil, if not at least a few hundred grand..maybe google will pay 1.5 billion for it so teenagers can submit videos of themselves on it...lmao
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Last edited by Mocus; 01-09-2007 at 02:48 PM. Reason: Automerged Doublepost
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Old 01-09-2007, 03:01 PM   #3 (permalink)
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Re: YULE.CN >> Worth 100 million dollars

If that .CN sales materialize, this is a beginning of profitable year for .CN investors including myself.

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Old 01-09-2007, 03:08 PM   #4 (permalink)
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Re: YULE.CN >> Worth 100 million dollars

yule >> in china, it means "entertainment" for sure
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Old 01-09-2007, 03:10 PM   #5 (permalink)
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Re: YULE.CN >> Worth 100 million dollars

google "youtube china"
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Old 01-09-2007, 03:14 PM   #6 (permalink)
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Re: YULE.CN >> Worth 100 million dollars

The asking price is way too much ..... If google would buy, it'll go for YULE.COM. CHEEEEAAAAPPPER maybe hehe
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