Domain Registration Price Increase Beginning October 1st

Today, we received a copy of an email which was sent out to all ICANN accredited domain name registrars. You can review the original message below.

Beginning October 1st 2008 there will be a domain price increase.

The price for a .COM domain name registration will increase 7% from the current base price $6 to $6.86. This does not include ¢0.25 ICANN fee and registrar markup.

According to the ICANN-VeriSign Settlement, this 7% price increase can and may be implemented each and every year. This may be a good time to bulk-renew your domain names and register new domains while pricing remains low.

From: VeriSign Customer Service nfo@verisign-grs.com
Sent: Thursday, March 27, 2008 4:02 PM
Subject: Advisory: Notice of Fee Change

March 27, 2008
VIA Email and Express Delivery

Re: Notice of Fee Change

To All Registrars,

VeriSign, Inc. and it’s wholly owned subsidiaries (”VNDS”) is hereby notifying all registrars of a fee change for .com and/or .net domain names effective October 1, 2008. In accordance with our contract, ICANN has already been notified. Details as follows:

1. VNDS’ fee for each annual increment of a new and renewal .com domain name registration and for each transfer of a .com domain name registration from one ICANN-accredited registrar to another will be US $6.86, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .com Registry

Agreement) or any other ICANN fee; and

2. VNDS’ fee for each annual increment of a new and renewal .net domain name registration and for each transfer of a .net domain name registration from one ICANN-accredited registrar to another will be US $4.23, exclusive of any ICANN Variable Registry-Level Fee (as defined in the .net Registry

Agreement) or any other ICANN fee.

Except for the above-described fee changes, all other terms of the relevant agreements (.com and .net Registry Agreements and Registry-Registrar

Agreements) remain unchanged.

Please contact Customer Affairs Office at cao@verisign-grs.com if you have specific questions regarding this notice.

Best regards,

PJ Bolanos
Vice President, Customer Support
VeriSign, Inc.

This article is from DotSauce Magazine - The Domain Industry's HOTTEST Publication!

Domain Registration Price Increase Beginning October 1st

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