[lug] Verisign makes 50% net profit; Stop ICANN from giving them more

[Rob Nagler]

Comment period ends Feb 14. Please email
https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en/mail_form

ICANN pushed through an amendment that will allow .COM domain wholesale
price increases
<https://www.icann.org/public-comments/com-amendment-3-2020-01-03-en>.
Verisign is the .COM registry operator. Verisign is a public company that
earned $1.2B in 2018 with a net income of $582M. That's over 50% net margin
(not gross). For comparison, Facebook's net margin is 26%.

They obviously have enough money to run the .COM registry today and pay out
a very handsome profit to their shareholders. However, apparently that's
not enough, and they want more.

Graphically, this is how Verisign boasts about their profitability to their
shareholders <https://investor.verisign.com/node/20591/html>:

[image: image.png]

It's amazing that ICANN doesn't about its stakeholders as much as Verisign
cares about its shareholders.

Rob
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.lug.boulder.co.us/pipermail/lug/attachments/20200210/9947ae39/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image.png
Type: image/png
Size: 61422 bytes
Desc: not available
URL: <http://lists.lug.boulder.co.us/pipermail/lug/attachments/20200210/9947ae39/attachment-0001.png>