Business Magazine

Former DailyMail.com Domain Owner Seeking $1million

Posted on the 09 March 2017 by Worldwide @thedomains

Interesting story out today on the domain name dailymail.com. Today that domain resolves for the London Daily Mail. But it seems the former owner is looking for $1million.

WVRecord.com reported:

The former owner of Charleston Daily Mail claims United Bank wrongfully induced Charleston Newspapers to sell the rights to the dailymail.com domain name.

MediaNews Group Inc. and Charleston Publishing Co. filed a lawsuit last month in Wood Circuit Court against United Bank Inc. The plaintiffs seek to recover the $1 million the bank received from that sale.

The plaintiffs say United Bank tortiously interfered with the Daily Gazette Company when it sold the domain name to the London Daily Mail for $1.5 million in 2013.

The 12-page complaint details the business setup of the companies involved in Charleston Newspapers and its joint operating agreement dating back to 1958.

Read the full story here


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