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2014-09-25

CentralNic Reports Loss, Admits New gTLDs Demand Has Fallen Short

This is becoming a pattern--now another new gTLD registry, CentralNic, not looking so good, financially--a big loss being reported (in contrast to a profit a year ago) in their most recent financials--

UPDATE - CentralNic confident of upsurge once super-brand domains launch - Proactiveinvestors (UK): "Chairman John Swingewood admitted that demand levels for the new TLDs has thus far fallen short of industry expectations"

But not to worry--somehow they are betting on .google???--

Chief executive Ben Crawford: "Some high profile launches, including so-called super-brand domains such as .google, .apple., .sony and .hsbc, have yet to take place and when they go live next year interest in gTLDs is likely to go through the roof, Crawford reckons." (source supra, emphasis added)

 Oh sure, that's going to make the other unwanted, unneeded new gTLDs all of a sudden, be in demand. Ben, it's called denial and delusion and you got a bad case of it.

Wonder why he didn't mention Facebook.com, Amazon.com, and the other 114,000,000+ .COM domain names?

You can read all about it here.

Caveat Emptor!