Sex.com to Be Auctioned Off to Highest Bidder
Sex.com is said to be the most valuable Internet domain name out there; so when it goes under the hammer next week, it's expected to sell for millions.
The Irish Times reports that DOM Partners, a New Jersey lender, is foreclosing on the domain and will auction it on March 18 at NY law firm Windels Marx Lane & Mittendorf.
According to the Times report, Escom acquired the domain in 2006. Despite the fact that no financial terms were published, the deal was valued at around $14 million and bidding for next week's auction will start at $1 million.
Richard Maltz, an auctioneer at Maltz Auctions who is running the sale, told IT that there is considerable interest in the domain. "We don't know who's serious and who's not," he said. "But prospective bidders need a $1 million certified check. It should be interesting."
Gary Kremen, founder of Match.com and chief executive of Grant Media registered Sex.com in 1994. He remained the owner until the Escom sale in 2006.
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I suppose the headline after the auction will be "Sex sells"....
mmm not interested ...hate that stuff any way!!! ......
Does the fact that the last part of sex.com may become .xxx have any bearing on this? it may well be worth a lot less now.
I was thinking of
www.se.xxx
wouldn't be the first time I paid for sex
whoops did I just admit that?!
wouldn't be the first time I paid for sex whoops did I just admit that?!
Ahaha...ohhh I believe you did
That domain does indeed have an interesting story. So far TWO books have been written about the disputes surrounding its ownership:
Sex.com
The Sex.coom Chronicles
They must be entertaining (summer) reads
After all this hype, people's first time there is going to be SUCH a let down...
foreclose on a domain!?
www.I.cum
www.I.cum
anyone? i can't believe no one has got this one yet.
anyone? i can't believe no one has got this one yet.
Oh, I get it. It's not funny... but I get it.
I actually thought about trying to register this in 1994, when I first got on the internet. I'm not sure if it was before May though (when it was first registered).
Back then, iirc it cost $200 to register a domain name, and I don't think there was any lookup function; you had to just request a name not knowing if it was available. If I only knew then what I know now.
I demand my 5 seconds back. There is no porn on this news story.