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May 28, 2018 07:43

You are browsing the archive for budget.

Should ICANN cut free travel, or its own staff?

Is ICANN’s suddenly limited budget best spent on its staff wages or on flights and hotels for certain volunteers? That’s the debate that’s been emerging in the ICANN community in the last few weeks since ICANN revealed it would have to make some “tough choices” in the face of lower than expected revenue from a […]

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New gTLD revenue cut by HALF in ICANN budget

The new gTLD industry is performing terribly when compared to ICANN’s predictions just six months ago. ICANN budget documents published over the weekend show that by one measure new gTLDs are doing just 51% of the business ICANN thought they would. The new budget (pdf) shows that for the fiscal year 2018, which ends June […]

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ICANN slashes millions from its budget

ICANN has cut $5 million from its annual budget, warning the community that difficult decisions have to be made amid a slowing domain name market. Staff and community members will all be affected by the cuts, whether in the form of less generous pay raises or fewer travel opportunities. Cuts have also been proposed to […]

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ICANNWiki could be first victim of budget cutbacks

ICANN is mulling whether to cut funding to ICANNWiki, the independent community encyclopedia, as part of its efforts to rein in spending. There’s $100,000 at stake, more than half of the Oregon-based non-profit’s annual budget. Ray King, the gTLD registry CEO who founded ICANNWiki in 2005, told DI today that ICANN has been providing funding […]

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ICANN, with $143 million budget, running out of cash

ICANN is to tighten its belt over the coming year as lower than expected revenue from domain name registrations has caused a budget shortfall and dwindling reserves. The organization is $1 million short so far in its fiscal 2018, which CEO Goran Marby says is forcing him to look at making cuts to staffing costs, […]

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Anger as ICANN splashes out $160,000 on travel

Should representatives of Facebook, Orange, Thomson Reuters, BT and the movie industry have thousands of ICANN dollars spent on their travel to policy meetings? Angry registrars are saying “no”, after it emerged that ICANN last month spent $80,000 flying 38 community members to LA for a three-day intersessional meeting of the Non-Contracted Parties House. It […]

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ICANN ups new gTLD revenue forecast

ICANN has increased its new gTLD revenue projections for fiscal 2016. The organization released its draft FY17 budget over the weekend, showing that it expects its revenue from new gTLDs for the 12 months ending June 30, 2016, to come in at $27.3 million. That’s a 13% increase — an extra $3.1 million — on […]

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ICANN budget proposal shows new TLDs weaker than expected

As registrars predicted, 2015 forecast was too rosy. ICANN released its 2016 draft FY16 Operating Plan & Budget for the fiscal year beginning this July, and it shows weaker-than-expected new top level domain name results in the current year. The group expects just $14.1 million in revenue from new TLDs for FY 2015 (which ends […]

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ICANN slashes new gTLD revenues by 57%, forecasts renewals at 25% to 50%

ICANN has dramatically reduced the amount of revenue it expects to see from new gTLDs in its fiscal 2015. According to a draft 2016 budget published this morning, the organization now reckons it will get just $300,000 from new gTLD registry transaction fees in the year ending June 30, 2015. That’s down 75% from the […]

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ICANN board bill tops $2 million

ICANN’s board of directors cost the organization over $2 million in pay and expenses in its fiscal 2014, a document released last night shows. The total bill for the year ended June 30 was $2,000,609, up 16% on FY13’s $1,721,191 and up 27% on the FY12 figure. The majority of the expenditure went on travel […]

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