Domain Name Sold for Millions

Luke PiWalker writes "The infamous and controversial domain Sex.com has officially been sold to Boston-based Escom LLC for a reported $14 million. Sex.com owner Gary Kremen was unavailable for comment, but a source from Kremen's company, Grant Media, told XBiz that sales for the famous domain name will still be handled through Grant Media's San Francisco offices. While other terms of the acquisition remain unknown, XBiz was able to locate information on the deal through a company called InternetRealEstate.com, which shares office space in Boston with Domain Name Acquisition Group (DNAG), a company that was involved in a lawsuit surrounding the Sex.com domain in September."

Comments

Domain name - so 1999

[nordelius]

Are domain names really that valuable anymore? Given recent stories on the way that search engines are leaching value from web resources, doesn't the default action of yer average mom-and-dad browser involve typing a company name into google rather than typing an url into the address bar? Er - first post (both EVAR and on this article). Guess I was just that lucky :-)

Is it really worth it?

[broothal]

I wonder how many of these sites they could get for $14 million

Too easy

[Billosaur]

There are a plethora of jokes to be made at this point... I'll refrain. It's just amazing how much money there is to be made in the domain name game. When you think about it, what is a domain name? On the technical level, it's just something plugged into DNS servers so people don't have to remember IPv4 codes. But on the media side of things, your domain name is an attribute, you're billboard on the information superhighway. And when you think about it, how smart were some people when they registered the more obvious domains back at the start? And now they're reaping the rewards. Sex.com was just too obvious to pass up, and now it's worth $14 million. That's easy money.

Re:pr0n.xxx

[sfjoe]

That solution will neither help people find porn nor stop the christians from whining about it. The problem isn't about segregating porn, but determinig what porn is. Are 18th century impressionist nudes porn? What about Playboy? Is graphical information about vaginal yeast infections porn? If we set up a system where all "porn" goes in the .xxx domain, then someone has to decide what is and is not required to go there. That "someone" is likely to be a Republican so that means all sex education material and anything relating to birth control or LGBT issues will be classified as porn and forced into the ghetto.