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April 30, 2007

Good News

An email I just received from GoDaddy.com:

The Internet Corporation for Assigned Names and Numbers (ICANN(R)) recently agreed to reduce their Registrar Transaction Fee from $.25 to $.22. What does this mean for you?

Good news. You have been credited $.03/yr for each domain name you registered or renewed dating back to July 1, 2006* -- $.12 has been placed into your Go Daddy(R) account.

Your in-store credit will be applied to your purchases at GoDaddy.com(R) until it's gone or for up to 12 months, whichever comes sooner.

Wow. That IS good news. Twelve cents! I should probably read more to understand what inspired the need for this $.03 reduction per domain name registration, although I am getting quite the good laugh out of it as it is.


Hmmm, I have a scathingly brilliant idea:

How about *instead* we have ICANN redirect everyone's $.03 over-payments to the Copyright Royalty Board. I'm totally up for that. Do you know how many registered domains there are out there??? Try somewhere in the neighborhood of 120 million. I say let's fairly disperse the $3.6 million across all Internet Radio entities, agree to NOT increase the royalty rates at all, and call it even. :D

Man, that was easy. I totally have all of the answers.
... what?

Pearls of "wisdom" by Jamie at April 30, 2007 08:02 PM


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