Kids Site clubpenguin.com Sold for $700 Million USD
First Business.com has been sold for $360 million and now ClubPenguin sold for $700 Million. The buyer is Disney Co.
From Canada.com
Club Penguin, a Kelowna-based children’s virtual world website with more than 12 million activated users, has been bought by Walt Disney Co. in a deal worth $700 million US.
According to terms of the deal, $350 [...]
Business.com Sold for $360,000,000
We covered this story as it went up for sale earlier this year. The Wall Street Journal is reporting that the sale just happened. The final purchaser is R.H. Donnelley who bought Business.com to increase their influence of the Internet in the yellow-pages and white-pages business, which publishes paper and online directories in 28 states [...]
Buying, selling boom in ’Net domain names
ADAM GOLDMAN AP Business Writer
NEW YORK — Inside a midtown hotel, Larry Fischer is on his cell phone with a financial backer as his partner Ari Goldberger does quick research on a laptop computer.
They are bidding furiously at this auction of Internet domain names, with hopes of snagging megayachts.com. The duo won’t be deterred. They [...]
The Domain Business Gets Real
By Bob Martin
CEO, Internet REIT
The early days of the domain industry have often been compared to the “Wild West” – a vast, virgin landscape populated by early domainers, typo-squatters, and forward-thinking advertisers. Many in the industry can remember looking with awe (and perhaps a little skepticism) at multi-million dollar domain sales, experiencing the excitement of [...]
The Internet and the Spanish Revolution: An Update on the Spanish Domain Market
By Antonio Marzo
Director of Spanish and Latin American Markets, Sedo.com
This past year, Sedo has seen the importance of the Spanish language in the domain world simply skyrocket. With 420 million Spanish-speakers worldwide, only a measly 80 million of these are online, making just 18% of Spanish-speakers on the web. In comparison to other language groups, [...]