CentralNic sells premium domain names for $2.5m


CentralNic sells premium domain names for $2.5m

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Domain name registry CentralNic has revealed that it has sold a group of premium domain names for $2.5 million.

Premium domain names are those that trade at a higher price than normal. The UK-based company did not disclose which or how many domain names it sold.

CentralNic will spend the proceeds on buying additional premium domains to add to its existing portfolio, it said.

As well as announcing the sale, the company said it has been confirmed as the exclusive global distributor and billing agent for new top-level-domains due to be launched in 2015, including .site, .design and .tickets.

Ben Crawford, chief executive of CentralNic, said: "This year we have been successful in diversifying our business by entering the retail, enterprise and premium domain markets, where we have a commercial interest in a significant portfolio of premium domain names of varying values.”

“We look forward to continued development of our registry business and these new lines of business as we enter 2015," he added. 

CentralNic, domain names, registry

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