Thursday , August 11 2022

Fewer domain companies closing down than expected

Registries and registrars are not shutting up shop as fast as ICANN expected, according to CEO Göran Marby.

According to his latest report (pdf) to his board, the number of accredited registrars and contracted registries is substantially ahead of what had been predicted in the current budget, meaning over a million bucks more than expected in ICANN’s coffers.

There were 1,172 gTLD registries at the end of February, according to the report. That’s 25 more than ICANN had expected.

Typically, the only registries that willingly give up their contracts are dot-brands that have never used their TLD and decide to bow out, but we haven’t seen one of those since last September, the longest break in terminations in years.

Marby also reported that there were 2,510 accredited registrars on February 28, a whopping 168 more than the budget planned for.

This was no doubt helped by drop-catchers such as Singaporean registrar Gname, which has created dozens of new shell accreditations in recent months.

Marby reported that this all mean $1.3 million extra revenue, accounting for fixed fees in both segments and registrar application fees.

Overall, ICANN was $16.5 million ahead of budget at the end of February, due to the extra income from fixed fees, a bigger contribution from .com, and lower-than-expected expenses of $12.3 million.

The post Fewer domain companies closing down than expected first appeared on Domain Incite.

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