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.com Domain Prices to Double?
Sunday, December 04, 2005 at 1:20 PM
That is, if the deal between Verisign and ICANN pushes through.
Under the deal, Verisign will drop lawsuits filed against the Internet regulatory body in exchange for the power to increase .com prices by 7% a year starting in 2007. According to the CBR Online article, current domain price stands at $6, but if Verisign took advantage of the price hike every year, we would end up paying $12 by 2012!
So unless you foresee a wage hike in your country in the next few years, then maybe it's time to buy that .com domain you've always wanted. (Though you'd still have to renew it, and with a price increase every year...damn.) Or at least, fervently pray that this nightmare of a deal between Big Internet Company and Big Internet Body crumbles.If you're lamenting this impending development (as I am), feel slightly comforted by the thought that we're not alone -- already, the proposed deal is coming under heavy flak, both from consumers and small registrars. You can read the whole story here.
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The lowest price for a .com (.org and .net as well) domain is about Php 450. Just before that happens, register your chosen domain for about five years in advance or so, hopefully, no additional fees will be charged when the price change will take effect.
to fleeb: That's a good advice for people. But then, the price hike still kicks in (and kicks in hard) after the duration of domain ownership.. :( Let's just hope the deal doesn't push through, hehe.
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