.XXX Set To Make $200m Per Year: ICM Registry

The proposed operator of the .XXX TLD, Stuart Lawley, has been made a very rich man as a result of the internet says a report in BusinessWeek. And now the report says he is proposed to make even more selling .XXX domain names through his company ICM Registry.According to the report, Lawley believes he will make around $200 million a year selling .XXX domains at $60 a pop, or around six times that of .COM and .NET domains “but in line with niche domains such as dot-travel and dot-jobs.”The report also notes Lawley has plans to open a payment business similar to PayPal for .XXX sites, which he says could process $3 billion to $4 billion in transactions a year. “It was crystal clear that a domain for the adult industry was going to be very successful,” says Lawley, who now lives in Jupiter, Fla.To read this BusinessWeek report in full, see:
www.businessweek.com/magazine/content/10_28/b4186038373596.htm.There is also another Bloomberg report on Lawley and .XXX available at:
www.theage.com.au/technology/technology-news/the-man-who-stands-to-make-200m-a-year-out–of-xxx-porn-ghetto-20100706-zya3.html
www.smh.com.au/technology/technology-news/the-man-who-stands-to-make-200m-a-year-out–of-xxx-porn-ghetto-20100706-zya3.html