ICANN's Divorce From The US Cost $32 Million

[Acorn NewsbotAcorn Newsbot is verified member.]

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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[RobMRobM is verified member.]

$15m on lawyers - figures. Expect price rises for consumers shortly to cover legal 'expenses'.

 

[blacknight]

$15m on lawyers - figures. Expect price rises for consumers shortly to cover legal 'expenses'.

ICANN only charge a few cents per domain. The ones upping prices every year are the domain registries (Verisign, PIR, NeuStar, Afilias etc)

 

[RobMRobM is verified member.]

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.