Tag Archives: Minds + Machines

Leading law firms sign on as early adopters of ‘.law’ domain

Minds + Machines logo[news release] Minds + Machines, the owner of the new “.law” top-level domain, today (5 August) announced that two of the world’s most influential law firms have become early adopters of .law. Dedicated to lawyers worldwide, and requiring validation of legal credentials, .law entered into a 60-day Sunrise period on July 30, 2015.

DLA Piper, one of the world’s largest global business law firms, located in more than 30 countries around the world, and Skadden, Arps, Slate, Meagher & Flom LLP, a leading international law firm whose clients include approximately 50 percent of the Fortune 250 industrial and service corporations, are among the law firms to adopt .law domains. Requiring validation of legal credentials upon application and renewal, the .law domain will provide the legal profession with a trusted and memorable URL to stand out from overcrowded and unvetted domains.

Lou Andreozzi, CEO of .law, said,

“We are delighted to welcome Skadden and DLA Piper, two of the world’s most respected law firms and ranked among the top four by the AmLaw100, to the .law domain community. A .law domain name offers practicing lawyers, from the solo practitioner to the litigation boutique to the large international law firm, a rare opportunity to enhance their presence across the Internet and, because of the strict criteria for the .law top-level domain, let the public know they are dealing with real lawyers.”

Stuart D. Levi, co-head of Skadden’s Intellectual Property and Technology Group, said,

“Securing a .law domain name will ensure our presence across new top-level domains as they are made available to the legal community.”

Tom Goldstein, partner at Russell & Goldstein, P.C., one of the preeminent Supreme Court litigation boutiques, and co-founder of SCOTUSblog, said

“We’re pleased to be an early adopter of the .law domain, which is a sure-fire, trusted way to signal to clients and colleagues the legal resources we provide.”

The 60-day Sunrise period for .law, where trademark owners can register their names in .law, began on July 30, 2015. Names in the .law domain will first be available for sale to credentialed legal practitioners beginning October 12, 2015. More information on the .law launch program is available at http://nic.law.

About Minds + Machines

Minds + Machines is a leading owner and operator of new generic top-level domains (“gTLDs”) including “.law”, and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the U.S. and Europe. For more information on Minds + Machines, please go to http://investors.mindsandmachines.com.

About DLA Piper

DLA Piper is a global law firm located in more than 30 countries throughout the Americas, Asia Pacific, Europe and the Middle East, positioning it to help companies with their legal needs around the world. For further information, please visit: www.dlapiper.com.

About Skadden

Skadden has approximately 1,700 lawyers in 23 offices around the globe. For 15 consecutive years, Skadden has been named the best corporate law firm in the United States in Corporate Board Member magazine’s annual survey of “America’s Best Corporate Law Firms” and is the only firm to have been ranked in the top two for innovation for all five years of the Financial Times’ U.S./North American “Innovative Lawyers” report. Last year, The American Lawyer selected Skadden as a finalist in its biennial “Litigation Department of the Year” competition.

About Goldstein & Russell

Goldstein & Russell, P.C. is an appellate boutique focusing on representation before the United States Supreme Court. The firm regularly represents clients before the Court in a wide range of civil and criminal cases. Our clients include businesses, individuals, governments, and non-profit organizations. The firm’s partners also run the Supreme Court Litigation Clinic at Harvard Law.

This Minds + Machines announcement was sourced from:

WeddingWire and Minds + Machines Say ‘I Do’ to a ‘.wedding’ Partnership

Minds + Machines logo[news release] Minds + Machines, the publicly quoted owner and operator of Internet top-level domains, is delighted to announce that WeddingWire, the wedding industry’s leading global online marketplace, has joined Minds + Machines as the latest ‘.wedding’ pioneer. As the wedding industry’s most influential platform with over 5 million unique visits per month, WeddingWire has registered a portfolio of forty ‘.wedding’ domains that will expand their brand and services online.

Amongst their portfolio, WeddingWire has secured valuable, short and memorable wedding-specific premium domains. Furthermore, WeddingWire will create three brand new interactive websites with their new .wedding domain extensions. The content-based portals will be designed not only to inspire couples and help them plan, but also to help further educate wedding professionals about industry trends.

Antony Van Couvering, CEO of Minds + Machines, says, “WeddingWire not only sees the value of building a larger digital footprint on the web, but also understands the importance of having short and memorable generic top-level domains, regardless of how successful a corporation already is. I am excited to see these websites grow and become the leading sites in the .wedding web space.”

“We are thrilled to begin a new era of wedding websites with the domain name that expresses exactly what we represent and have passion for,” said Sonny Ganguly, CMO, WeddingWire. “Having multiple .wedding domains enables us to provide couples and wedding professionals with the opportunity to navigate the planning process in a unique, organized way—from education to inspiration.”

Visit www.WeddingWire.com to learn more.

About Minds + Machines

Minds + Machines is a leading owner and operator of new generic Top Level Domains (“gTLDs”), and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the US and Europe. For more information on Minds + Machines and its services and companies within the Group, please go to investors.mindsandmachines.com.

About WeddingWire

WeddingWire, Inc. is the leading global online marketplace connecting consumers with event and creative professionals. Operating within a $200 billion industry, WeddingWire, Inc. hosts 10 million monthly unique users across its mobile and web platforms. Consumers are able to read over 2.5 million vendor reviews and search, compare and book from a database of over 400,000 businesses. Globally, it provides these businesses the technology they need to serve their clients through advertising, marketing and business management tools such as websites, payment processing, invoicing and contracts. Founded in 2007, the WeddingWire portfolio of sites serves couples and businesses across 14 countries in North America, Latin America and Europe, making it the worldwide leader in weddings with brands including Bodas.net, Casamentos.com.br, Matrimonio.com and more. The company employs more than 650 and maintains global headquarters in Washington, DC and international headquarters in Barcelona, Spain.

This Minds + Machines news release was sourced from:

NameJet Tops A Big Week With Six-Figure Chart Topper

Domain Name Journal logoThere were two six-figure sales to top the Domain Name Journal chart of top reported sales in the week ending 5 July, but NameJet with the $105,000 sale of ringtones.com pipped the sale of a new gTLD domain, that of net.work for $100,000 through the .work registry Minds + Machines.

Coming in third was Baotou.com which sold for $61,801, the second NameJet sale for the week and one of 13 in the top 20 while Sedo had a hand in four sales.

On the TLD side of things there were 17 .com sales, two for .it and one for .work.

To check out the Domain Name Journal chart of top reported sales for the week ending 5 July in more detail, go to:

Minds + Machines and ALM Media announce strategic partnership on .LAW

LAW gTLD logoMinds + Machines, a leading owner and operator of gTLDs, today (13 July) announced a strategic partnership with ALM Media, LLC, one of the world’s largest legal media companies, to collaborate on advertising and marketing content for the new top-level domain “.law” across ALM’s legal media publications, conferences and digital platforms. In addition, ALM will adopt over 100 .law URL’s for its existing legal properties and new product rollouts. The announcement was made at Legaltech West Coast, the most important legal technology event on North America’s West Coast.

It was also announced that the Sunrise period for .law, where trademark owners can register their names in .law, will begin on July 30, 2015. Names in the .law domain will then go on sale to credentialed legal practitioners on a first-come, first-served basis when the .law domain enters General Availability on October 12, 2015.

Dedicated to lawyers worldwide, and requiring validation of legal credentials upon application and renewal, the .law domain will provide the legal profession with a trusted and memorable URL to stand out from overcrowded and unvetted domains. ALM’s legal properties, including The American Lawyer, Corporate Counsel, The National Law Journal, The New York Law Journal and Law.com, reach in-house counsel of Fortune 1000 companies, Am Law 200 firms and legal technology decision makers.

Lou Andreozzi, CEO of .law, said

We are very happy to be working with ALM, whose broad reach and global reputation as a legal media powerhouse is unparalleled. We designed the new domain to provide the legal community with opportunities to grow their practices and brands, while also providing a way for the public to identify legitimate legal sources, and, just like .edu or .gov, it is our goal that .law will signal a vetted and trusted organization.

Bill Carter, CEO of ALM, said,

.Law promises to provide the legal marketplace with a much-needed dedicated URL, backed by strict registration criteria. We are looking forward to being an early adopter of the .law domain, which will help us to stand out as a reliable and high profile resource for the legal community. We are delighted to be working with Lou Andreozzi and the .law team as they bring this significant opportunity to market.

More information on the .law launch programme will shortly be available at http://nic.law.

About Minds + Machines

Minds + Machines (LSE:MMX) is a leading owner and operator of new generic top-level domains (“gTLDs”) including “.law”, and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the U.S. and Europe. For more information on Minds + Machines, please go to http://investors.mindsandmachines.com.

About ALM

About ALM
ALM is a global leader in specialized industry news and information. Trusted reporting delivered through innovative technology is the hallmark of ALM’s award-winning media properties. Headquartered in New York City with 18 offices worldwide, ALM brands have been serving their markets since 1843. ALM was named among Folio: Magazine’s Top Places to Work in Media in 2014. For more information, visit www.alm.com.

Carlsberg Joins Minds + Machines New gTLD Pioneer Programme With .BEER

Minds + Machines logoCarlsberg has jumped on to the new gTLDs and registered over 150 .beer domains as part of the Pioneer Programme being run by registry Minds + Machines.

In a news release from Minds + Machines, they note that “after extensive consultation with Minds + Machines, Carlsberg has secured over 150 .beer domains, in a portfolio that includes their most popular brands such as baltika.beer, tuborg.beer, holsten.beer and kronenbourg.beer, as well as a variety of generic premium .beer names for use in future marketing projects and campaigns.”

Minds + Machines say this illustrates how brands can use premium domains such as football.beer, quality.beer to project and expand their marketing reach.

“As one of the four largest global brewers we were excited to learn about the new .beer top-level domain,” said Niels Lund-Johansen, Carlsberg Group IP Director. “It makes sense for us to register certain .beer domains for our brands as well as for new campaigns and promotions, as in the case of football.beer and quality.beer—words that are a natural fit for Carlsberg and our consumers.”

Carlsberg will use the quality.beer domain to highlight the “premium” attributes of its flagship Carlsberg brand, while football.beer will help support the company’s far-reaching commitment to soccer. Carlsberg is a leading sponsor of UEFA EURO 2016, the Barclays Premier League, and Liverpool Football Club.

“The addition of a major brand like Carlsberg to the growing .beer community sends a strong message about the usefulness and value of new gTLDs,” Antony Van Couvering, CEO of Minds + Machines. “By using memorable, relevant domain names like quality.beer and football.beer as part of marketing campaigns, brands can find an immediate, direct route for consumers to find relevant content.”

The Minds + Machines Pioneer programme for .beer is aimed at established and emerging beer brands and personalities to take their pick of available premium and standard names to promote themselves and the .beer top-level domain. Minds + Machines has a Pioneer programme for each of its new top-level domains. Further details are available at join.beer.

New gTLD Registrations Surge Past 6 Million With More Winners and a Few Losers

New gTLD registrations are still surging upwards with the six millionth registration occurring on 7 June according to nTLDstats.com. Currently there are over 6.033 million domains registered.The six million registrations are across 650 gTLDs, although 281 of these have less than 100 registrations with the bulk of these still in their Sunrise periods or are brand gTLDs. And 104 have more than 10,000 registrations.So there have been quite a few winners. And a few losers. Among the winners is .xyz, the market leader in the total registration count with well over 960,000 registrations. And even though it is estimated several hundred thousand of these were given away for free, it would still be far and away the largest gTLD when it comes to paid registrations.Second on the list of total gTLD registrations is .网址 (.website) however almost all of these registrations are to one registrar and it’s difficult to know how what they’re being used for. Third is .science that has gained close to 300,000 registrations in under four months with one registrar accounting for 85 percent of all registrations.Fourth is one of the big success stories – .club. The gTLD boasts that their 247,000 domains, along with all of the Donuts domains across their gTLDs, are fully paid for. Fifth is .party and it, like .science, has the same registrar making up 90 percent of its 187,000 registrations.The Chinese .wang is sixth with 173,600 registrations and appears to be doing well while .berlin is seventh but this includes a number of free domains. From a peak of over 157,000 registrations it is now down to 153,200 registrations three months into the first of the renewals. But next week over 60,000 domains that were either given away or sold cheaply come up for renewal and undoubtedly it will take a hit. But even if none of these are renewed, an unlikely worst case scenario, it would still be the eleventh largest of the new gTLDs.Rounding out the top ten are .top (129,300 registrations), .link (120,100) and .realtor (102,500). The latter’s numbers though are one of the more unlikely to be sustained. The registry operator has given away domains to real estate agents across North America, but with highly restrictive conditions, it’s unlikely that many will put up money when it comes time for a paid renewal.The .nyc gTLD is also performing well in eleventh place with 79,400 registrations, while .click (69,800) and one of the earliest gTLDs and a Donuts gTLD .guru (69,000) are also doing well.Indeed, while there are some that one could argue should have or could have done better, or even much better, the only other gTLD whose numbers one could question is .ovh among the top 103 with registrations above 10,000. The .ovh gTLD has close to 63,300 registrations but 90 are reserved and the rest through one registrar. And none appear to have been paid for.The most successful backend registry is Donuts with 1.365 million registrations across 186 gTLDs while CentralNic has 1.106 million registrations across 22 gTLDs followed by Neustar with 933,400 registrations across 48 gtLDs then ZDNS (588,100/14), Uniregistry (445,800/21), Rightside (281,500/36), Afilias (212,500/64), TLD-BOX (207,400/7) and Minds + Machines (199,645/24).Some of the losers would appear to be .whoswho, never likely to have big numbers of registrations, but seven months into General Availability has 61 registrations. And while there are others with lower numbers, .rich hasn’t proved very rich with 406 registrations so far and .HIV has struggled with the registry operator now offering the gTLD for sale hoping their unique model for raising funds for charity has some appeal to a larger registry that bring some economies of scale to the project. And in the battle of Democrat v Republicans, the Democrats are winning with 1,356 registrations to 805. But it couldn’t be said either has set the political establishment alight!

Minds + Machines Optimistic With Reserves of $48m

Minds + Machines logoMinds + Machines has a hand in 20 uncontested gTLDs, 13 of which have launched to date, as well as five geographical gTLDs, is partnering on a further four uncontested gTLDs one of which has launched and is the back end registry service provider for a further five clients of which two have launched. These are some of the highlights of an update the group provided on its portfolio of new gTLDs aimed at shareholders.

Of the 20 gTLDs it wholly owns, the 13 to have launched account for 46,501 registrations at the time they compiled the update. The largest of these is .work with 20,605 registrations, while no other has topped the 10,000 registrations mark.

But the most successful of its gTLDs has been .london which has 62,143 registrations while .bayern has 29,351 and its only other geo gTLD to have launched to date, which Knipp is the back end provider, .nrw has 7,701.

It also has a hand in one other gTLD with over 10,000 registrations – .kiwi – which has 11,406.

Since 1 January 2015, the Minds + Machines’s portfolio has achieved over 63,000 registrations.

Looking to the future, the Directors anticipate contested domains should mainly be resolved through the private auction process before the end of Q3 2015. Those that are not resolved through the private auction process are likely to go to an ICANN auction of last resort where ICANN retains the winning bidder’s funds rather than those funds being divided amongst the competing bidders. Currently, cash reserves stand at $48 million.

It is also anticipated registration revenues should build significantly in the second half of the current financial year as a result of: planned domain launches in that period, including .law and .abogado, domain name renewals and the impact of its Premium Name activity currently being developed.

“We believe the Group is strongly positioned to compete in the remaining auction rounds,” said Antony Van Couvering, CEO of Minds + Machines. “We are likewise encouraged by the Group’s ability to have grown its cash reserves since 31 December whilst completing seven top-level domain launches during that period. Our focus is now on the successful commercialisation of those domains already launched and the phased launch programme for our remaining domains to maximise the penetration of each in their given markets.”

For more details see investors.mindsandmachines.com/2015/04/gtld-portfolio-update-2/.

New gTLD Auctions See Questionable Amounts Paid

Minds + Machines logoMinds + Machines have announced they gained aggregate cash of approximately $6.2 million from withdrawing its applications to .design, .flowers, .group, .realestate and .video in private auctions. The net cash to M+M includes the amounts paid for .vip and .law, and is also net of auction fees and refunds received from ICANN for withdrawing applications.

The Company also participated in the ICANN-sponsored auctions for .vip and .tech, in which it purchased .vip for approximately $3.1 million, and lost the auction for .tech. The auction for .tech was sponsored by ICANN, and hence the Company did not receive funds from the winning bidder of .tech, as happens in a private auction.

Which makes one wonder. M+M, and others paying seemingly high prices obviously have done some homework and see a strong market. But with so many gTLDs coming to market, and paying $3.1m for .vip, it is hard to see M+M making good money. But only time will tell.

But M+M are happy. “The outcome from the latest auction rounds has surpassed all expectations. Our focus in auctions has, and will continue to be, building the premier portfolio of top level domains,” said Fred Krueger, Chairman of Minds + Machines.

“These are exciting times and we are still only at the very early stages of the new generic TLD rollout programme,” Krueger went on to say in announcing interim financial results.

“During the first half of the year, we have focused both on how best to grow our portfolio of wholly or majority owned top level domains and how best to address the markets for our existing portfolio of TLDs.

“We believe that the overall performance of our new TLDs, and the Group as a whole, greatly benefits from our having our own additional registrar channel through which to market and sell our new TLDs, including our portfolio TLDs, directly to consumers. We look forward to continuing to develop our consumer focused registrar services.”

“All in all, we believe that the Company’s new TLD portfolio, human capital and operational and financial structure have us very well placed to continue succeeding in the future.”

The company also released financials for the six months to 30 June. These show that total sales for the six months were £295,000, up from 7,000 in the previous six months while what is considered revenue was £68,000, also up from 7,000 and there was a £7,110,000 profit to M+M on gTLD auctions. Net assets were valued at £45,277,000, up from £23,976,000 six months earlier.

In announcing their gTLD wins and losses, M+M said in relation to .law, a third party participated in the private auction. The third party will solely receive a share of ongoing .law revenues and will not be involved in the management, operations or policy-making of the .law TLD.

M+M now has interests in 26 uncontested domains which it either wholly/majority owns or in which it has a JV interest. It also has commercial interests in a further 6 client uncontested domains.

There are also 25 remaining contested gTLD applications, which M+M either wholly/majority owns or in which it has a JV interest, and the Board believes that the majority of these will be resolved through the private auction process. In addition, clients of M+M, for whom it will be providing registry and registrar services, have interests in a further three contested applications.

The private auction for .flowers took place the first week of September; the ICANN sponsored auctions for .tech and .vip completed the week of 8 September; and the private auctions for .design, .law .realestate, and .video, took place in the week of 15 September. The private auction for .group, in which Minds + Machines had an interest, concluded in August.

Minds + Machines Have Good, But Expensive, Week

Minds + Machines logoMinds + Machines announced that following the private auctions held last week for .deals, .garden, .property and .yoga, they have secured the uncontested application rights for .garden and .yoga.

The net cost for securing the sole application status for .garden and .yoga was approximately $5.97 million (circa £3.6 million), once the proceeds of the .deals and .property private auctions are taken into account. The above figure includes the rebates that the Company will receive from ICANN for withdrawing its applications for .deals and .property and commissions payable to the auctioneer.

“.garden and .yoga are major asset wins for the Group as both represent activities that people are passionate about – we believe this will become an important factor in the adoption of new domains,” said Fred Krueger, Chairman of Minds + Machines. “We look forward to continuing to expand our portfolio through the private auction process while at the same time maintaining our cash reserves.”

Of the auctions, according to Domain Incite, Applicant Auction carried out 13 for contested strings last week. Of these “Donuts won six sets, Uniregistry won three and Minds + Machines won two. Radix seems to have lost at least five auctions, walking away with a great big pile of cash instead.”

Minds + Machines is also the commercial partner for .london providing registry services, which had its launch this week.

TLDH Signs 6 New gTLD Contracts With ICANN

TLDH logoThe Directors of Top Level Domain Holdings are pleased to announce that the Company has signed contracts with ICANN for five new gTLDs wholly-owned by the Company: .horse, .cooking, .casa, .fishing, and .budapest.

In addition, Minds + Machines GmbH, the Company’s 80% owned subsidiary, has signed the contract with ICANN for .nrw, which will serve Germany’s largest state, North-Rhine Westphalia. All six applications will now progress to pre-delegation testing, the final step before delegation into the Internet’s root zone.

Antony Van Couvering, CEO of TLDH, said:

ICANN’s contracting and delegation process is moving smoothly and predictably. We look forward to the timely delegation of these newly-contracted gTLDs and to signing additional contracts as they become available.

The Company currently has interests in 25 non-contested applications, of which contracts have now been signed with ICANN on eight. The Company continues to progress those contested applications in which it has an interest.

This TLDH news release was sourced from: