At a board meeting in Silicon Valley on Friday, ICANN approved a new top-level domain for porn sites. URLs ending in .xxx will contain sexually slanting adult entertainment content that is verified to be neither fake nor illegal.
ICM Registry and its CEO, Stuart Lawley, who has led the fight for ICANN’s sanction of “.xxx,” stand to profit handsomely from the rollout of “.xxx” websites – because he will be in charge of collecting fees for the use of the new domains.
Lawley plans to charge registrars $60 per year for the domain names. He estimates that he could sell as many as 500,000 by the time he rolls them out this summer.
“This was always going to be a very lucrative arrangement,” he said in an interview Friday.
Lawley’s prices have been a critical issue for opponents to his plan, since domain names typically sell for a fraction of what Lawley plans to charge. They often sell for $10 or less.
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via : www.blogsolve.com
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