Verisign is raising the .COM & .NET prices on Jan. 15, 2012

[Adam DickerAdam Dicker is verified member.]

Verisign is raising the .COM & .NET prices on Jan. 15, 2012:

As you plan for your renewals, I wanted to make sure you're aware of the upcoming price changes for .COM and .NET domain names. On January 15, 2012, VeriSign, the registry for .COM and .NET, will increase prices: 7% for .COM and 10% for .NET.

Adam

 

[draggar]

So this means registrars will increase their prices by 15% for .com and 25% for .net to "compensate"?

 

[Gerry]

If I am not mistaken, verisign has raised the prices a minimum of 7% each year since ownership.

Lets face it...its a cash cow. Remember when Verisign was in the business of verifying the validity of websites? Since Verisign took over the registry, it has sold off all of its other components and entities. None were losing money. Verisign just wanted to concentrate on the Registry.

Oh, and let's not forget that this was a no-bid, non disclosed sale or awarding of the registry from ICANN to Verisign. It just happened.

 

[urlurl]

is verisign a for profit or a not for profit organization?

is there a cap, and when will it stop...will it ever?

 

[Dynamic1]

Gotta sell something then! hopefully end user prices go up 10% also.

 

[Gerry]

VeriSign Could Reap Over $3 Billion by 2012 From Revised .com Registry Agreement With ICANN Says BulkRegister

 

[DN BROKER]

ouch! better renew it all

 

[grcorp]

This could, of course, be a hoax, just to get us all to renew in anticipation of these hikes. Which is guaranteed revenue for them before the increase is even put into effect.

 

[DaddyHalbucks]

It must be nice to be a monopoly.

 

[radioz]

I've read that it costs about 17 cents for Verisign to manage a domain name registration. This is greed, plain and simple. This is the type of carnivorous crony capitalism that legitimately fuels Occupied Wall Street.

 

[Argie]

I don't get it, why they keep increasing the price if their cost is so low?, f*ckin monopoly

 

[radioz]

I don't get it, why they keep increasing the price if their cost is so low?, f*ckin monopoly

There were many lower price offers from several credible companies to handle .com and .net registrations for much lower prices but ICANN gave it to Verisign in perpetuity. The Verisign is in 5 year increments with the right to for Verisign to raise the price 10% in any three of the five years and they may ask to raise it similarly in the other years as well. The agreement will be reviewed every five years but it is a continual arrangement that is closed to outside competition.

This arrangement is from the same guys (ICANN) who let your favorite registrar auction off names that you found and brought to them for whatever that they can without giving you a dime.

 

[DaddyHalbucks]

I've read that it costs about 17 cents for Verisign to manage a domain name registration. This is greed, plain and simple. This is the type of carnivorous crony capitalism that legitimately fuels Occupied Wall Street.

Only possible with a government granted monopoly. Blame the government.

 

[Gerry]

Only possible with a government granted monopoly. Blame the government.

What government? What government controls Verisign? What government has control over ICANN?

Answer...none.

 

[rngrdanny22]

What government? What government controls Verisign? What government has control over ICANN?

Answer...none.

LOL... ba-zing!

 

[whitebark]

Hey they have to pay for the 20 junkets to exotic locations around the world somehow! Now they can do 30 per year!

What a racket! The mob would be proud of what ICANN and Verisign have going on.

 

[katherine]

Has the price of KY increased by 7% per year ? That would perhaps explain things.

 

[Gerry]

What a racket! The mob would be proud of what ICANN and Verisign have going on.

Unquestionably the largest money making entity on a global scale that is totally unrequlated, uncontrolled, no oversight, an anything goes business model.

And guess what...we are feeding the whores

 

[EM @MAJ.com]

Verisign will keep milking the dot com and net, as long as they can. Just business to them.

 

[katherine]

Verisign will keep milking the dot com and net, as long as they can. Just business to them.

Just look at how they handled .tv.