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July 16, 2019 06:12

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$55 billion bank not paying its $6,250 ICANN fees

Kuwait Finance House has become the latest new gTLD registry to get slapped with an ICANN breach notice for not paying its quarterly fees. The company is a 40-year-old, Sharia-compliant Kuwaiti bank managing assets of $55.52 billion, according to Wikipedia. It has annual revenue in excess of $700 million. But apparently it has not paid […]

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Another failing new gTLD stopped paying its dues

Another new gTLD registry has been slapped with an ICANN breach notice after failing to pay its fees. California-based dotCOOL, which runs .qpon, seems to be at least six months late in making its $6,250 quarterly payment to ICANN, according to the notice (pdf). It’s perhaps not surprising. The TLD has been live since mid-2014 […]

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Double-charging claims as registries ramp up new gTLD refund demands

Registry operators have stepped up demands for ICANN to dip into its $100 million new gTLD cash pile to temporarily lower their “burdensome” accreditation fees. A new missive from the Registries Stakeholder Group to ICANN this week also introduces a remarkable claim that ICANN may have “double charged” new gTLD applications to the tune of […]

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New gTLD registries want a $17 million ICANN rebate

Many gTLDs are performing more poorly than expected and their registries want some money back from ICANN to compensate. The Registries Stakeholder Group this week asked ICANN for a 75% credit on their quarterly fees, which they estimate would cost $16.875 million per year. The money would come from leftover new gTLD application fee money, […]

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.xxx has its ICANN fees slashed and adopts URS

ICM Registry is to see its .xxx ICANN registry fees hugely reduced in contractual amendments approved by ICANN last week. The changes also mean that .xxx will now become subject to the Uniform Rapid Suspension anti-cybersquatting mechanism, despite it being a pre-2012 gTLD. .xxx becomes the latest pre-2012 gTLD to move to a contract more […]

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.xxx to get lower ICANN fees, accept the URS

ICM Registry has negotiated lower ICANN transaction fees as part of a broad amendment to its Registry Agreement that also includes new trademark protection measures. The company’s uniquely high $2 per-transaction fee could be reduced to the industry standard $0.25 by mid-2018. As part of the renegotiated contract, ICM has also agreed to impose the […]

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The Wild and Crazy Career Paths of 5 Self-Made Billionaires; Unwanted Domain Name? Join the Web Domain White Elephant Exchange

ALSO… InspireME Christmas;Texting App “WhatsApp” Has 400 Million People Using It; Tom Cruise Settles Defamation Lawsuit Against Publisher; Reputation Management is Not Pig Lipstick; 5 More Women in Tech Orgs You Should Know; Culture Comes First. The Rest Is Noise… and….flying out? Want To Reserve Your Seat? There’s a Fee for That. Owen Frager ==> InspireME Christmas— OUR […]

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