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Oh no sorry, you're right! I'm mixing it up. I think it's because so many Daily staff got shafted and applied for jobs at the GoDaddy lot - that confused me.
A lot of registrars sell domains at break-even or loss to get customers in. Hosting and add-ons is where the profit is.
The US industry can be a bit different; some of them do stupid low sales on domains, but they have massively priced domain privacy, and then after that renewals are often much...
They were bought out around the same time as Heart I think (I had a fair amount of interaction with them anyway)...those were interesting times (to say the least!). They're all powered by Domainbox anyway afaik.