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closed newsbreak.com

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Agree, since a high sale price will be mostly derived from luck it's highly problematic to give the name value beyond 3 figures as the chance of a media firm wanting to widely market a show called news break (and also wanting the domain) is far from assured. Even if a media firm came out with such a show it's url may be something like newsbreak.tv11.com or tv11.com/newsbreak especially for smaller or mid-size media outlets who may not want the domain anyway which some may consider as beng too generic. Ireport.com was both brandable and generic vs only generic in this case.



Maybe in most cases, but I thought you grabbed this one for free or cheap, and the five-figure boat is only going to come in if some rich news organization decides to have a show called, "News Break," which is just a matter of luck to you in this case.

Many people above are incorrectly estimating the value of a domain name on the one whose boat that came in (iReport) and not the hundred or thousand other similar names that never sold. Where is that negative "Who Dat Dog" when you need him.
 
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Ireport, in addition to being "brandable" and "generic" was also a CNN MISTAKE, in that they did not buy the dot-com before branding the name. CNN thought they could get by with iReport.CCC.com and only when they realized their MISTAKE that they were losing traffic to iReport.com did they have to pay $710K.

This type of MISTAKE also happen with the search engine AltaVista. After branding the search engine "AltaVista," they realized they had to have AltaVista.com and paid about $3M.

But it's also a MISTAKE on the part of many domain name owners to think that since they owned a town name similar to AltaVista.com, that it was worth millions or that if you own a name similar to iReport it's worth upper $XXX,XXX.

I would love it if someone started a search engine called ShrewdSearchEngine.com since I own Shrewd.com and could sell it to them for millions, but it's more likely I will get hit by a bus, and it does not make Shrewd.com worth millions or even mid $XX,XXX.
 
But it's also a MISTAKE on the part of many domain name owners to think that since they owned a town name similar to AltaVista.com, that it was worth millions or that if you own a name similar to iReport it's worth upper $XXX,XXX.

Yes, all good points :-)

Actually, I would say that, as a domain, newsbreak.com is
a lot more desirable than ireport.com...
 
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