Mike Mann owns around 330,000 domain names.
Based on Verisign’s contract renewal to operate the .Com registry over the next six years, without being able to raise their prices 7% in 4 out of 6 years, according to our calculation Mike Mann just saved over $800,000.
The current rate for a .Com registration or renewal is $7.85
Here is what the annual increase would have amounted to if Verisign would have been allowed to increase the wholesale price, the amount of the (increase) and the annual savings to Mike:
Year 1 increase: $8.40 (.55) $181,500
Year 2 Increase $8.99 (.59) $194,700
Year 3 Increase $9.62 (.63) $207,900
Year 4 Increase $10.29 (.67) $221,100
Here is the savings that every domain holder will receive for each 1,000 domains they own:
Year 1 $550
Year 2 $590
Year 3 $630
Year 4 $670
Total savings over the 4 year for each 1,000 domain owned is $2,440
We at MostWantedDomains.com just saved over $170,000
All domainers should celebrate this early Christmas present and consider sending a small percentage of their savings over to the Internet Commerce Association who is the only group I’m aware of that stood up for domainers demanding that Commerce and Justice not renew the contract with the automatic price increases…
