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ICANN's revenues under the revised agreement drop 61%, VeriSign's only 4%

  • To: <revised-settlement@xxxxxxxxx>
  • Subject: ICANN's revenues under the revised agreement drop 61%, VeriSign's only 4%
  • From: "Jeff Field" <jfield@xxxxxxxxx>
  • Date: Sun, 19 Feb 2006 23:04:54 -0600

More numbers (see attached spreadsheet for the actual calculations)...

According to Webhosting.info, as of 02/13/2006, there were 47,576,292
registered .COM domain names
(http://www.webhosting.info/registries/reports/domains/COM/).  Assuming a
very conservative 10% yearly increase in the total number of .COM domains
(which is significantly below the current growth rate), here are some
revenue figures for ICANN under the First Proposed .COM Agreement versus the
Revised Proposed .COM Agreement:

-----------------------------------------
ICANN's 2006 through 2012 Total Cumulative Revenue under the First Proposed
.COM Agreement:

  Lump Sum Payment = $1,250,000
   Transaction Fee = $220,091,995
Fixed Registry Fee = $2,580,882

             Total = $223,922,877

ICANN's 2006 through 2012 Total Cumulative Revenue under the Revised
Proposed .COM Agreement:

  Lump Sum Payment = $625,000
Fixed Registry Fee = $86,000,000

             Total = $86,625,000
-----------------------------------------

As the above figures show, ICANN has negotiated a $137,297,877 decrease in
revenues for themselves, or a 61.3% difference.  Extending the data out
until the year 2020 and assuming the Agreement will be negotiated under
similar terms in the future, here are the figures:

-----------------------------------------
ICANN's 2006 through 2020 Total Cumulative Revenue under the First Proposed
.COM Agreement:

  Lump Sum Payment = $1,250,000
   Transaction Fee = $750,218,219
Fixed Registry Fee = $8,945,950

             Total = $760,414,169

ICANN's 2006 through 2020 Total Cumulative Revenue under the Revised
Proposed .COM Agreement:

  Lump Sum Payment = $625,000
Fixed Registry Fee = $230,000,000

             Total = $230,625,000
-----------------------------------------

As the above figures show, ICANN has negotiated a $529,789,169 decrease in
revenues for themselves, or a 69.7% difference.  According to the figures
shown in a previous comment,

http://forum.icann.org/lists/revised-settlement/msg00037.html,

ICANN was only able to a negotiate a paltry 4% savings in cost to registrars
(and then presumably consumers) over the length of the Agreement.  At the
same time, VeriSign was able to negotiate a substantial 61% decrease in fees
paid to ICANN over the length of the Agreement.

--
jeff field
952-848-7626
408-228-5202 fax
jfield@xxxxxxxxx <mailto:jfield@xxxxxxxxx>
-----

Attachment: Proposed COM Agreement ICANN.xls
Description: MS-Excel spreadsheet



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