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    ICANN's Divorce From The US Cost $32 Million

    Discussion in 'Domain Industry News' started by Acorn Newsbot, Feb 7, 2017.

    1. Acorn Newsbot

      Acorn Newsbot Junior Member

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      The IANA transition cost ICANN a total of $32 million, according to documentation released today. The hefty bill was racked up from the announcment of the transition in March 2014 until the end of 2016, according to this presentation (pdf). A whopping $15 million of the total went on lawyers. Another $8.3 million went on…

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      Acorn Newsbot, Feb 7, 2017
      Acorn Newsbot, Feb 7, 2017
      #1
    2. RobM

      RobM Retired Member

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      $15m on lawyers - figures. Expect price rises for consumers shortly to cover legal 'expenses'.
       
      RobM, Feb 7, 2017
      RobM, Feb 7, 2017
      #2
    3. blacknight United States

      blacknight Active Member

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      ICANN only charge a few cents per domain. The ones upping prices every year are the domain registries (Verisign, PIR, NeuStar, Afilias etc)
       
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      blacknight, Feb 7, 2017
      blacknight, Feb 7, 2017
      #3
    4. RobM

      RobM Retired Member

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      My bad I thought ICANN paid the lawyers.
      - edit - oh hang on.. I read the article.. they did
      -- edit2 -- I didn't realise a rise of 5-10% was considered 'a few cents'. I would probably re-evaluate the real cost if I thought that.
       
      RobM, Feb 7, 2017
      RobM, Feb 7, 2017
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