NFL Update: Los Angeles Power Has a Nice Ring To It…

Phil Anschutz is the head honcho of AEG Worldwide, owner of 120+ international entertainment venues including the Staples Center in Los Angeles, The 02 arena in London and the Home Depot Center Olympic Training site in Carson, CA. He would seem to be a perfect candidate to incorporate a bit of power into his stable of companies.

His sports and entertainment conglomerate also includes an eclectic portfolio of corporations including car accessories, consumer electronics, home products, industrial products & services, power solutions & energy, power tools, telecommunications and water treatment products.

 

[Read more...]

Bankrate.com Goes on $83 million Spending Spree…

Over the past couple of years  Bankrate.com has tapped the corporate kitty to the tune of over $83 million dollars for (5) FIVE domains for an eye-popping average of over $16 million per domain!

The reported purchases included:

NetQuote.com: $40.9 million

CreditCards.com: $26.5 million

CarInsuranceQuotes.com:  $7.5 million

InsuranceQuotes.com: $5.9 million

Bargaineering.com: $2.7 million

 

[Read more...]

Google, a Power Co. or an Upstart. Who Should Own Power.com?

As a guest authors here on DNFBlog, we’re given the latitude to not only discuss a broad range of topics related to the domain industry at-large, we’re also enabled to discuss projects that impact out our personal domain business. This is one of the few times that I’ll exploit that privilege. I feel this particular topic may be relevant, not only to those sage companies and individuals that understand the true value of premium generic domains, but also to those organizations and potential future domainers looking to enjoy the benefits of premium generic domains.

 

[Read more...]

The Domain King and Others Who “Get It”…

Love him or hate him you have to give Rick Schwartz credit because credit is due. For those that have never heard of the self-proclaimed Domain King, Rick is one of the most successful domain asset managers and, even though he has cut back a bit recently, he remains one of the most proficient domain bloggers slugging it out on the web today.

He is also the south Floridian that sold iReport.com to CNN for $750,000, (now iReport.cnn.com), Candy.com to the Melville Candy Company for $3 million plus a revenue share, Men.com for $1.3 million and signature others.

 

[Read more...]

It’s Raining Money For Premium Generic Domains…

Add Cloud.com to the growing list of generic domain name Internet based businesses that have sold for hundreds of millions of dollars. Citrix has purchased Cloud.com for a reported $200 – $250 million.

In spite of the economic doom and gloom many countries face and the threats of global recession, the parade of pure web-based businesses selling for hundreds of millions of dollars continues unabated.

 

[Read more...]