[lug] Verisign makes 50% net profit; Stop ICANN from giving them more
Bucky Carr
bcarr at purgatoire.org
Wed Feb 12 08:50:25 MST 2020
"If you can't fight 'em, join 'em."
On 2/10/2020 5:18 PM, Rob Nagler wrote:
> 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%.
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