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January 17, 2018 04:59

You are browsing the archive for budget.

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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Verisign steps up anti-gTLD campaign with attack on ICANN’s war chest

Verisign wants ICANN to publish a list of all the reasons it might be sued over the new gTLD program, claiming security and stability risks might be one of them. In the latest salvo fired in its war against new gTLDs, the company now suggests that the $115 million “risk fund” surplus that ICANN has […]

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