M+M

  • CIRA becomes first new gTLD back-end since 2012

    … CIRA, the Canadian ccTLD manager, has become the first new registry back-end provider to enter the gTLD market since the 2012 application round closed. The company today announced that it has signed Dot Kiwi, operator of .kiwi, as its first client. .kiwi will become the first non-.ca TLD that CIRA runs the back-end for, according to VP…

    Kevin Murphy/ DomainIncite- 13 readers -
  • China conference leads to 49% .vip spike

    … The Global Domain Industry Conference, held in China over the weekend, has led to a huge boost in .vip domain sales. Registry Minds + Machines told the markets this morning that the recently launched gTLD hit 404,892 as of 1600 UTC yesterday, up 49% from Friday. CEO Toby Hall confirmed to DI that China is very much behind the spike…

    Kevin Murphy/ DomainIncite- 10 readers -
  • Van Couvering ousted from M+M, replaced by PR guy with channel focus

    … to be stacked in a way that makes our business partners make revenue”, he said. “We’re not a consumer registrar,” he said. M+M is a vertically integrated domain name company, acting as both registry and registrar. Registrar sources tell us that Van Couvering wasn’t keen on working with third-party retailers, preferring to focus on its in-house…

    Kevin Murphy/ DomainIncite- 14 readers -
  • Windfalls still biggest money-spinner for M+M

    … Minds + Machines is still pulling in most of its cash from one-time new gTLD auction defeats, according to its latest trading update. The company yesterday reported billings for 2015 of $7.92 million, up from $5.03 million in 2013. But the company brought in $9.15 million by pulling out of private new gTLD auctions, where the winning bid…

    Kevin Murphy/ DomainIncite- 10 readers -
  • .boston was a “distraction”, says gTLD seller

    … The Boston Globe newspaper decided to offload the gTLD after its new owners decided it was a “distraction”. That’s according to a report yesterday in the newspaper itself. Last week, it was announced that Minds + Machines, which already runs a handful of geo-gTLDs, is acquiring the .boston contract for an undisclosed sum. Today, the Globe…

    Kevin Murphy/ DomainIncite- 7 readers -
  • M+M acquires .boston from Boston Globe

    … Minds + Machines has added .boston to its stable of geo-gTLDs, buying the contract from the publisher of the Boston Globe newspaper. The company said today that it has acquired 99% of Boston TLD Management, a new company into which the Globe plans to sign over its .boston ICANN contract. The deal is contingent on ICANN approving the contract…

    Kevin Murphy/ DomainIncite- 7 readers -
  • M+M lays off dozens in focus on S&M, promises profit next year

    … cashflow to date has been generated by auction losses, and there were more of those last year than this. The company hit three of its six “key performance indicator” targets — domains under management market share, premium sales growth and standard sales growth — but fell short of the other three. Average revenue per name for premiums was $184…

    Kevin Murphy/ DomainIncite- 5 readers -
  • M+M gets $3.5m from two gTLD auctions

    … Minds + Machines secured loser fees totaling $3.5 million from its participation in .art and .data new gTLD auctions, the company disclosed today. It seems .data was auctioned recently. It was a three-applicant string and none of the applicants have yet withdrawn their applications. It seems either Donuts or brand applicant Dish DBS won…

    Kevin Murphy/ DomainIncite- 7 readers -
  • M+M sells net.work for $100,000

    … Minds + Machines has made its first six-figure new gTLD domain sale. The domain net.work was sold in a private deal to business consultancy BearingPoint for $100,000, the company said today. It added that a “significant annual renewal fee” applies. It’s one of 430 premium domains to have been sold in .work, M+M said, since it went to general…

    Kevin Murphy/ DomainIncite- 10 readers -
  • Krueger removed as chair as M+M finally starts seeing some revenue

    … capacity, by Keith Teare, an existing director. Teare is a tech veteran perhaps best known in the domain industry for launching and running RealNames, which attempted to replicate AOL Keywords for the Internet Explorer browser at the turn of the century. Related posts: TLDH has the end in sight, but no revenue M+M profits by losing new gTLD auctions M+M turns profit on the back of gTLD auctions …

    Kevin Murphy/ DomainIncite- 5 readers -
  • FIBA wins .basketball

    … A sport-related new gTLD is going to an official sporting body. FIBA, the Fédération Internationale de Basketball, won the right to .basketball after an auction shoot-out with Donuts and Famous Four Media. While FIBA is the official world organizing body for the sport, there’s no plan to place strict restrictions on the gTLD — the application…

    Kevin Murphy/ DomainIncite- 2 readers -
  • Brewers Association backs .beer

    … file publishing system this morning I can’t yet bring you the first-day figures for the TLD. The launch was timed to coincide with the Great American Beer Festival in Denver, Colorado. Two weeks ago, M+M launched .country with backing from music legend Dolly Parton, who claimed dolly.country, dollyparton.country, queenof.country…

    Kevin Murphy/ DomainIncite- 4 readers -
  • M+M turns profit on the back of gTLD auctions

    … and several more new gTLDs wholly or partially owned by M+M have also launched. In his statement to the market, chair Fred Krueger said: A key variable in our financial position is the dynamic of private auctions, which we have embraced, and which has worked tremendously to our advantage. We believe that our current still contested strings…

    Kevin Murphy/ DomainIncite- 4 readers -
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