For Sale Lyrics.co.uk - 600-800 UV's per day - High CTR

[Jay]

PM sent to Jon. All other PM's replied to.

Update

Highest offer at present stands at 3 years 5 months revenue.

A lot of people are asking for a BIN price. The answer is we haven't set one at present. However, we will do so soon if we don't receive the right offer.

We are looking for at least 6 years revenue. Please PM me if you can offer more than 3 years 5 months.

Thanks

J

 

[aacommerce]

What did you calculate 3 Years, 8 Months revenue to be?

 

[Jay]

Apologies - it is 3 years 5 months (and a few days). Thread edited accordingly.

$59 (daily income) x 365 (days) x 3.4827 (years)

 

[thejosh]

So you are looking for $130,000???

 

[Jay]

All PM's replied to. More people asking about BIN price even though I just said we haven't set one yet.

Ok, we'll add a BIN price of $140,000 which represents 6 years 6 months revenue.

Post SOLD @ BIN or PM offers.

 

[iIndo]

*deleted*

 

[cayars]

could you PM me this info also.

 

[Jay]

PM sent and others replied to.

Thanks

J

 

[dwest5]

I see you have lirics.co.uk pointed to lyrics.co.uk.

This is against Sedo's TOS. They have the right to withhold all revenue. I see it happen every day.

What other traffic do you have pointed to lyrics.co.uk?

 

[ComScout.com]

I see you have lirics.co.uk pointed to lyrics.co.uk.

This is against Sedo's TOS. They have the right to withhold all revenue. I see it happen every day.

What other traffic do you have pointed to lyrics.co.uk?

Good detective work there! But I doubt lirics.co.uk would recieve much traffic ... never the less though?

 

[WhoDatDog]

Cha-Ching. That's why brandable names are the safest bet. If someone had a great traffic or revenue name do you think it would be up for sale at a decent price. I read an article yesterday about a crackdown concerning lyrics sites. Turns out the story is at least a few weeks old.

12/9/2005
Song and Lyrics Crackdown
The BBC is reporting that the MPA (Music Publishers' Association) is going to rapidly pursue those that are sharing illegal sheet music & lyrics online. MPA president Lauren Keiser said he did not just want to shut websites and impose fines, saying if authorities can "throw in some jail time I think we'll be a little more effective". We will see if this if this is jail worthy or if this will spawn a itunes like sheet music store. Either way its likely that music industry will report that they are losing money.

Song and Lyrics Crackdown

 

[pc-monkey]

Yes, I saw an article stating that the RIAA is doing the same thing...they love to coordinate these things. ;(

I have noticed a large number of lyric related domains listed on sites recently. Type-in traffic should still be good short term but long term remains to be seen.

 

[Jay]

I see you have lirics.co.uk pointed to lyrics.co.uk.

This is against Sedo's TOS. They have the right to withhold all revenue. I see it happen every day.

What other traffic do you have pointed to lyrics.co.uk?

Thanks for bringing this to my attention. Yes, we did have lirics.co.uk pointing at the domain - I have just corrected this. We bought lirics.co.uk, lyricks.co.uk and wwwlyrics.co.uk a while ago as they were the most obvious miss-types if ever a site was developed on lyrics.co.uk. However, lirics.co.uk was the only one that seemed to be pointing at lyrics.co.uk. It doesn't/hasn't generated any traffic/revenue, so all facts and figures I have quoted are right.

I have also consulted with Sedo on this matter and there doesn't seem to be a problem in this case. It would be a different story if we were pointing a domain like goole.co.uk at it but we're not.

We will happily transfer these domains to the winning bidder to avoid any confusion.

Cha-Ching. That's why brandable names are the safest bet. If someone had a great traffic or revenue name do you think it would be up for sale at a decent price. I read an article yesterday about a crackdown concerning lyrics sites. Turns out the story is at least a few weeks old.

12/9/2005
Song and Lyrics Crackdown
The BBC is reporting that the MPA (Music Publishers' Association) is going to rapidly pursue those that are sharing illegal sheet music & lyrics online. MPA president Lauren Keiser said he did not just want to shut websites and impose fines, saying if authorities can "throw in some jail time I think we'll be a little more effective". We will see if this if this is jail worthy or if this will spawn a itunes like sheet music store. Either way its likely that music industry will report that they are losing money.

Song and Lyrics Crackdown

Didn't a similar thing happen in the music industry? Lots of dodgy file sharing sites being sued/taken offline. Since then the now legal music industry has gone from strength to strength - people don't seem to mind spending £0.60 on a song anymore.

So... if the lyrics industry evolves in the same way whats saying that people won't be happy paying £0.10 for each set of lyrics they download?

Personally I think this makes lyrics.co.uk an even stronger domain and can only increase its value - especially when the big corporates come looking for a good brand name to sell lyrics.

Update

All PM's replied to.

New highest bid received.

 

[1112]

Please send me a ballpark + the current high bid too


Cheers

 

[Jay]

PM sent.

 

[WhoDatDog]

You might be right. It could make it more valuable. I remember when MP3.com was bought from Universal for over 300 Million in 2001. They were getting sued all of the time. Your response was quite classy. Hopefully you find a buyer and everyone wins. It is up to the buyer to do his/her investigations anyways.....good luck.