ICANN has responded to a request for it to reduce the $25,000 annual fee it charges gTLD registries. The answer is no. From a report: That wholly unsurprising reply came in a letter from registry services director Russ Weinstein to John McCabe, CEO of failing new gTLD operator Who’s Who Registry. McCabe, in November, had asked ICANN to reduce its fees for TLDs, such as its own .whoswho, that have zero levels of abuse. ICANN fees are the “single biggest item” in the company’s budget, he said. His request coincided with ICANN commencing compliance proceedings against the company for failure to pay these fees.
Weinstein wrote, in a letter [PDF] published today: “We sympathize with the financial challenges that some new gTLD registry operators may be facing in the early periods of these new businesses. New gTLD operators face a challenging task of building consumer awareness and this can and may take significant time and effort.” But he goes on to point out that the $25,000-a-year fee was known to all applicants before they applied, and had been subject to numerous rounds of public comment before the Applicant Guidebook was finalized.
of this story at Slashdot.
Source:: Slashdot