[lac-discuss-en] Results Available for 22 October 2014 New gTLD Auction

[Carlton Samuels]

A nice pile of loot for show!

-Carlton

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Carlton A Samuels
Mobile: 876-818-1799
*Strategy, Planning, Governance, Assessment & Turnaround*
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  [image: ICANN] <http://www.icann.org/> News Alert

https://www.icann.org/news/announcement-2014-10-22-en
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Results Available for 22 October 2014 New gTLD Auction

22 October 2014

On 22 October 2014, an Auction conducted by ICANN's authorized Auction
service provider, Power Auctions LLC <http://www.powerauctions.com/>, was
held to resolve string contention sets for three new generic Top-level
Domain (gTLD) strings; SALON, SPOT, and REALTY. String contention occurs
when ICANN receives more than one application for the same or a confusingly
similar gTLD. The applicants for these strings were unable to resolve the
contention sets among themselves, and thus proceeded to an auction, which
is the method of last resort to resolve string contention sets as
prescribed in Module 4 of the Applicant Guidebook. Subject to payment of
the Winning Price and meeting all other criteria for eligibility, the
winner will begin the contracting process to sign a Registry Agreement to
operate the respective gTLD.

"We continue to see contentions being resolved at a steady pace," said
Akram Atallah, President of ICANN's Global Domains Division. "Since last
month we have seen 20 contention sets resolved, 3 via ICANN auctions, 1 via
Community Priority Evaluation and 16 through self-resolution between
applicants."

Four applicants for SALON participated in the Auction. Outer Orchard, LLC
prevailed in the Auction with the winning price of $5,100,575.

Three applicants for SPOT participated in the Auction. Amazon EU S.à r.l.
prevailed in the Auction with the winning price of $2,200,000.

Two applicants for REALTY participated in the Auction. Fegistry, LLC
prevailed in the Auction with the winning price of $5,588,888.

All proceeds from the Auction are being segregated from use until the Board
determines a plan for the appropriate use of the funds through consultation
with the community. A detailed summary of the Auction proceeds and costs
through the September 2014 Auction is available here
<http://newgtlds.icann.org/en/applicants/auctions/proceeds>, and will be
updated with the latest information at the end of each month.

Additional bidding information is available in the Auction Reports which
can be found on Auction Results page
<https://gtldresult.icann.org/application-result/applicationstatus/auctionresults>
within the New gTLD Microsite.

Subsequent auctions are scheduled
<http://newgtlds.icann.org/en/applicants/auctions/schedule-10oct14-en.pdf>
[PDF, 250 KB] to occur on a monthly basis throughout 2014 and into early
2015. The auction events are intended to resolve multiple contention sets
simultaneously.

For information about ICANN Auctions please see the Auctions landing page
<http://newgtlds.icann.org/en/applicants/auctions> on the New gTLD
Microsite.





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