M+M

  • CIRA becomes first new gTLD back-end since 2012

    …-end market since 2012, in other words. The .kiwi contract was up for grabs due to the fact that Minds + Machines, its original supplier, decided to get out of the back-end business earlier this year. All of M+M’s own stable of gTLDs are being moved to Nominet right now, but customers such as Dot Kiwi were not obliged to follow. Chiswell said…

    Kevin Murphy/ DomainIncite- 19 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- 14 readers -
  • Van Couvering ousted from M+M, replaced by PR guy with channel focus

    … piece this morning may refer to M+M’s go-to-market strategy. Hall told DI this morning that his focus as the company’s new leader is going to be on the registrar channel. “It’s all about engaging with the outside world and recognizing we’re a business-to-business play,” Hall said. “It’s a fundamental shift in perspective.” The strategy “has…

    Kevin Murphy/ DomainIncite- 17 readers -
  • Windfalls still biggest money-spinner for M+M

    … million, which standard name billings were up 184% at $2.66 million. The company said its registry business ended the year with 278,523 names under management, a 158% increase on year-ago numbers. M+M met or beat its “key performance indicator” targets in terms of average revenue per name (both standard and premium) and sales growth. However…

    Kevin Murphy/ DomainIncite- 13 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

    … operating costs for the loss, but said it has been restructuring to help it return to profit. M+M said its headcount has been reduced from 58 to 44, but that it has added ten jobs in sales and marketing, which seems to indicate at least 24 people recently lost their jobs. The bottom line was also affected by the fact that most of the company’s…

    Kevin Murphy/ DomainIncite- 6 readers -
  • M+M gets $3.5m from two gTLD auctions

    … the string. The .art auction happened well over a month ago, with the final losing applicant withdrawing on July 23. UK Creative Ideas won .art. Whatever it paid for the string would have been shared between nine competing applicants. M+M also said that “strong interest” (presumably no sales yet) has been expressed in its $15,000+ “super premium…

    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- 11 readers -
  • Krueger removed as chair as M+M finally starts seeing some revenue

    … revenue” line of $5 million, to show off revenues that it has deferred to future periods due to standard domain industry accounting. For accounting purposes, M+M was profitable to the tune of $22 million for the year, but almost none of that is from actually selling domains — $33.7 million of profit came from losing new gTLD auctions. That’s…

    Kevin Murphy/ DomainIncite- 6 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

    … number was £7.1 million ($11.6 million), based on M+M losing eight out of 12 private auctions. The company had £22 million ($36 million) in cash and other current assets on its balance sheet at the end of the period. None of M+M’s big TLDs had launched in the first half, hence the low revenue. Since the half ended, .london has proven successful…

    Kevin Murphy/ DomainIncite- 5 readers -
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