[council] RE: .Web reportedly auctioned for $135 million

["Austin, Donna" <Donna.Austin@xxxxxxxxxxx>]

It's also been reported on Domain Name Wire:

http://domainnamewire.com/2016/07/28/breaking-web-top-level-domain-name-auction-ends-135-million/

but no winner announced.

I think ICANN makes a commitment to do that within 7 days of the auction.

Donna

From: owner-council@xxxxxxxxxxxxxx [mailto:owner-council@xxxxxxxxxxxxxx] On 
Behalf Of Phil Corwin
Sent: Thursday, July 28, 2016 1:58 PM
To: council@xxxxxxxxxxxxxx
Subject: [council] FW: .Web reportedly auctioned for $135 million

FYI-now we are talking about a truly serious endowment fund...


Jothan Frakes just posted on Facebook that the .Web last resort auction has 
concluded and that the gTLD sold for $135 million. The identity of the winning 
purchaser was not included.

If the report is correct, that means that the auction fund has just more than 
doubled to almost a quarter of a billion dollars, with its use yet to be 
determined by the ICANN community.

Philip S. Corwin, Founding Principal
Virtualaw LLC
1155 F Street, NW
Suite 1050
Washington, DC 20004
202-559-8597/Direct
202-559-8750/Fax
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Twitter: @VlawDC

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