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Archived updates for Tuesday, October 26, 2004

WP: ".NET" Redelegation Worth $30 Million

According to an October 25, 2004 story in the Washington Post, ICANN will begin deciding who will run the .net domain, currently home to 4.9 million registered Internet addresses. The winner will take in about $30 million a year.

The .net domain was originally intended to serve the techies who operate Web sites, e-mail networks and other online communications hubs. Now it often serves as a second-choice domain for people who cannot get the .com address they want. In contrast, .com has more than 30 million registered addresses while the smaller .org domain -- originally intended for use by nonprofit groups and other organizations -- has about 3.2 million registrations.

According to ICANN, a new agreement or transfer of the current registry will occur by the date of the registry contract expiration in June 2005.
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