.country: Difference between revisions

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[http://www.domainnamenews.com/new-gtlds/uniregistry-corp-applies-for-54-new-top-level-domains-store-news-deal-auto/11584 Uniregistry Corp. applies for 54 new top-level domains...]</ref>
[http://www.domainnamenews.com/new-gtlds/uniregistry-corp-applies-for-54-new-top-level-domains-store-news-deal-auto/11584 Uniregistry Corp. applies for 54 new top-level domains...]</ref>


===TLDH & $15mm Auction Funding===
===Partnership===
On February 26 2013, [[Top Level Domain Holdings Ltd.]] announced that it had entered into a funding agreement worth $15 million to be used in the case of auction for a specific unnamed TLD. The investor will not receive ownership of the TLD but a share of future revenues. TLDH did not name the TLD that the funds are directed for, and it is in 11 head to head contentions and 12 featuring more than one contender.<ref>[http://domainnamewire.com/2013/02/26/tldh-gets-up-to-15-million-for-a-single-top-level-domain-name-auction/ TLDh Gets 15 Million for A Single Top Level Domain Name Auction, DomainNameWire.com] Published and Retrieved 26 Feb 2013</ref>
In April 2013, the two applicants, [[Top Level Domain Holdings Ltd.]] and [[Uniregistry]] announced that they had struck a deal to enter into a joint partnership to run the .country TLD. It was one of the first major partnerships of this kind between portfolio applicants. Both companies will have a 50% equity stake in a new company. Under the conditional heads of terms for the proposed joint venture, either Uniregistry or TLDH will withdraw its application and, once the surviving applications is approved by ICANN, the authority to operate .country will be transferred to the new joint venture. The transfer will require ICANN approval, which the directors of the Company fully expect to be forthcoming.<ref>[http://onlinedomain.com/2013/04/30/news/top-level-domain-holdings-mindsmachines-announces-joint-venture-with-uniregistry-to-operate-country-gtld/ Top Level Domain Holdings MindsMachines Announces Joint Venure with Uniregistry to Operate Country gTLD, OnlineDomain.com] Retrieved 13 May 2013, Published 30 April 2013</ref>


==References==
==References==