Minds + Machines

  • MMX sells 7,000 domains for $3.4 million

    … New gTLD registry MMX said it has sold $3.4 million in “premium” .vip domains names to Chinese domainers in the last few months. In what is believed to be a small numbers of deals to a limited number of corporate investors, “over 7,000” domains changed hands since they became available in late June. MMX said that $2.8 million of the deals…

    Kevin Murphy/ DomainIncite- 11 readers -
  • MMX billings double even as some volumes slide

    … MMX has reported a 100% increase in billings for 2016, despite its number of domains under management dropping in some TLDs. The company, until recently known as Minds + Machines, said billing were $15.8 million in the year to December 31, compared to $7.9 million for in 2015. Billings is an up-front measure of sales growth that does not take…

    Kevin Murphy/ DomainIncite- 19 readers -
  • Now MMX kills off premium renewals

    …. The reduced pricing will make the domains more attractive to domainers and end users alike, but I suspect the former will be more likely to exploit the new deal at first. It’s the second new gTLD registry, after Rightside, to announce such a move this month. Rightside said it was abolishing premium renewals on its expensive Platinum-level domains, though they will remain on more modestly priced premiums. Tweet Tagged: Minds + Machines, mmx, premiums, rightside …

    Kevin Murphy/ DomainIncite- 27 readers -
  • Hires and promotions Donuts, MMX and CentralNic

    … Stahura. Stahura is sticking around as executive chair. The company also appointed outsider John Pollard, a veteran of Micrsoft, Expedia and various other companies, to the new role of chief revenue officer. The company has cast the moves as a case of Donuts growing out of its startup phase. Across the pond, Minds + Machines — which now insists…

    Kevin Murphy/ DomainIncite- 26 readers -
  • .xyz, .club and .vip get the nod to sell in China

    … The Chinese government has granted licenses to operate in the country to its first tranche of new gTLDs — .vip, .club and .xyz. The agreements mean that Chinese registrars will be able to give their Chinese customers the ability to actually use their domains for web sites. It also means the companies will be obliged to censor domains…

    Kevin Murphy/ DomainIncite- 15 readers -
  • 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 -
  • M+M billings quadruple on China .vip surge

    … Minds + Machines this morning said that its billings increased to $8.05 million in the first half of 2016. That’s a 300% increase on the comparable year-ago period, the company said in a preliminary statement to the markets. It added that its domains under management grew from 217,200 at the end of June 2015 to 728,940 a year later. While…

    Kevin Murphy/ DomainIncite- 10 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 -
  • M+M makes $3.2 million in five days from .vip

    … Minds + Machines has billed $3.2 million in .vip domain names sales after the first five days of operation, the company said this morning. It’s already managed to pay off the cost of acquiring the domain at the September 2014 auction, which was $3.1 million. Between 1600 UTC May 17, when .vip went to general availability, and the same time…

    Kevin Murphy/ DomainIncite- 14 readers -
  • SpamHaus now publishing better TLD abuse data

    … lower than SpamHaus’s 82%. Whether you think the 82% metric is fair will depend on whether you think SpamHaus’s sample — about 20% of the full .download zone — is representative. Some of the other TLDs on its list have even smaller sample sizes. Minds + Machines’ .work is ranked #2 on the SpamHaus list with 73.3% badness, based on a SpamHaus-seen…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Krueger’s suit against M+M dropped, for now

    … Former Minds + Machines chair Fred Krueger has dropped his lawsuit against the company, which concerned “missing” shares. M+M announced today that the two parties have signed a “tolling agreement”, which apparently leave the door open for Krueger to re-file the suit at a later date. If he does re-file, the company has agreed to the date…

    Kevin Murphy/ DomainIncite- 14 readers -
  • A third of mayoral candidates using .london domains

    … with a degree of control over the future of .london. While the registry is basically managed by Minds + Machines, the ICANN contract is held by London & Partners, a not-for-profit promotional agency funded by the mayor’s office. The mayor is also a partner in the endeavor. The M+M outsourcing contract was recently renegotiated in light of M+M’s financial woes, but details have not been made available. Tweet Tagged: .london, elections, mayor, Minds + Machines …

    Kevin Murphy/ DomainIncite- 12 readers -
  • M+M turns $22m profit into $10m loss

    … Minds + Machines today reported a 2015 loss of $10 million and further outlined its “transformative” restructuring and China strategy. It’s the second full year of operating results M+M has posted since its first new gTLDs went live, and they’re not encouraging. Revenue for accounting purposes was $6.3 million, but the cost of sales was $6.2…

    Kevin Murphy/ DomainIncite- 12 readers -
  • Nominet has sights set on .org after M+M deal

    … Nominet chief Russell Haworth is hopeful that its new outsourcing deal with Minds + Machines will help it win a much more lucrative back-end contract — .org. The company is among the 20-plus companies that have responded to Public Interest Registry’s request for proposals, as its back-end deal with Afilias comes to an end. Nominet is one…

    Kevin Murphy/ DomainIncite- 19 readers -
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