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The Death of Domain Parking?

Posted by ryuzaki0 on from the not-bloody-likely dept.

An anonymous reader found an article about the former CEO of MySpace moving into the domain parking biz. He says "I thought, it can't be that easy. So I talked to some domainers, and they said, 'We own 300,000 domains, we make $20 million a year, we have just four employees and some servers in the Caymans.'" The idea behind the business doesn't really seem any better to me than just having a parked name with a banner ad. At least, not for the internet as a whole.

2 of 296 comments (clear)

  1. Re:One can only hope. by Standmic · · Score: 5, Informative

    Try this article, http://www.mikeindustries.com/blog/archive/2005/03 /how-to-snatch-an-expiring-domain/ from Mike Davidson (of Newsvine) on how he grabbed the Newsvine.com domain.

  2. Re:One can only hope. by trogdor8667 · · Score: 5, Informative

    I've read numerous articles that state that GoDaddy does register domains and park them, as you said. They make tons of money off of this, because they can then sell you the backorder service. For this reason, I have stopped using GoDaddy to search for available domain names. I use tucows domain search, or r4l.com and search there, then later register it on GoDaddy when I'm sure I want said domain.