Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Key Australian internet assets to be sold

March 5, 2013

Key Australian internet assets to be sold

sydney.com.au, melbourne.com.au, brisbane.com.au, adelaide.com.au, auction.com.au

The most important parcel of Australian websites and domain names to come onto the market are being offered for sale.

The websites sydney.com.au, melbourne.com.au, brisbane.com.au, adelaide.com.au and the domain name auction.com.au are for sale on the website http://www.namesell.com.

The sale is being brokered by Brisbane-based company Domain Guardians.

Mike Robertson from Domain Guardians said the sale presents an opportunity for a major player to own the commercial domain names mirroring four of Australia's five largest capital cities.

“These domains/websites could provide a local entity or leading international corporation with a unique opportunity to become the dominant online player in Australia.

“There is no other situation in the world where a company or individual owns 85% of the country's capital city domains. In the US, most leading corporations are lucky to own one two capital city domain names.

“Sydney.com.au is the No.1 ranked website in the Google.com.au search results when you search on the word 'sydney'.

“When you consider the Sydney economy in 2011 was worth $342 billion, what price then do you put on the commercial value and importance of sydney.com.au when the website comes up first in the Google search results?”

Mr Robertson said a global marketing campaign begins this month pitching the domains at leading local and international companies in the media, real estate, retail and travel industries.

Mr Robertson said sydney.com.au and melbourne.com.au are lightly developed as tourism websites and already generate attractive revenue streams.

He said there is huge scope to broaden the websites to include residential and commercial property sales, car sales, job listings, auctions, travel, tourism, accommodation and entertainment and make these the stand-out websites for Sydney, Melbourne,

Brisbane and Adelaide.

“All traffic coming to the site is organic and free – grown from strategically placed backlinks dating back to the '90s. The owners have never spent a cent driving traffic to sydney.com.au or any of the other city domain websites. “

He said domain names mirroring the names of leading cities are being acquired by wealthy individuals and big corporations, including some of the world's leading media corporations.

“The New York Times Company owns Boston.com, MediaNews Group owns LA.com, Entertainment Benefits Group owns NewYork.com, and Advance Publications owns NJ.com and Cleveland.com.

“In July last year, the CEO of a Denver real estate company paid a seven figure amount for denver.com and plans to develop it as an online hub for Denver.

“Denver has a population of about 600,000, and its economy is small compared to that of Australian cities Sydney, Melbourne and Brisbane.

“Imagine the commercial potential for someone owning all four Australian capital city domain names, with a combined population of around 10 million.”

Mr Robertson said the domain name Auction.com.au is also for sale, either as part of a bundle with the city websites or as a separate sale.

“The domain name auction.com.au, commercially developed, could be one of the biggest online sales platforms in Australia.

“The equivalent website in the United States, auction.com, is geared solely to the sale of residential and commercial real estate. In 2011, it generated sales of more than $US7.6 billion of residential and commercial real estate.”

Mr Robertson said the sale is one that is unlikely to present itself again.

“Once these domains are sold, I doubt if they will be offered for sale again. They are too important - you rarely get an opportunity to acquire Internet assets of this type.”

About Domain Guardians
Headquartered in Brisbane, Australia, Domain Guardians is a privately owned and operated domain name company providing personalized, trusted and effective domain name services, including Legacy, Brokering, Management and Recovery. For more information, please visit www.domainguardians.com.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Sky Loses To Coliseum Bid: TVNZ Scores Free TV Rights For English Premier League

TVNZ has confirmed it is partnering with Coliseum Sports Media to bring TV coverage of football’s Barclays Premier League to Kiwi sports fans. TV ONE will present a match of the week game every Sunday from the start of the season. The channel will also broadcast an hour long highlights show on Monday nights. More>>

ALSO:

Company Fails To Provide Records: Initial Action Over $4-An-Hour Wage Claims

The Ministry of Business, Innovation and Employment has filed action with the Employment Relations Authority (ERA) in Auckland against an Auckland restaurant chain following complaints that workers are being paid less than $4-an-hour. More>>

Greens: Fonterra To Avoid Drilling-Waste Farms

Fonterra has released information to Radio New Zealand detailing costs of $80,000 a year to test milk from a few farms which have been used as sites for drilling waste from the oil and gas industry and it announced a policy not to collect milk from any new land farms. More>>

ALSO:

Earlier:

Beer: Tuatara Set To Grow With New Investor

In a sale sealed over ale, Tuatara Brewing Company has announced it has sold a 35 percent stake in the business to a Wellington-based investment company. Rangatira Limited paid an undisclosed sum for its share which will see Tuatara are look to increase exports to the United States and boost production volume. More>>

ALSO:

Stat! New Statistics NZ Chief Executive Appointed

State Services Commissioner, Iain Rennie, today announced the appointment of Liz MacPherson to the position of Chief Executive of Statistics New Zealand and Government Statistician. Ms MacPherson is currently Deputy Chief Executive, Strategy and Governance at the Ministry of Business Innovation and Employment (MBIE). More>>

PC Magazines Gone. Mad? Fairfax Magazines Resign Technology Title Licences

Fairfax Magazines will resign the licences, owned by IDG, to publish technology titles Computerworld, Reseller News and PC World early next month. More>>

ALSO:

Scoop Business: Mediaworks Receivership - New Ownership Planned

MediaWorks NZ, the broadcaster whose stable includes TV3 and Four, and radio stations including Radio Live, the Rock and MoreFM, is “well advanced” with plans for new ownership after being placed in receivership this morning. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news