Will .wed Get Divorced From ICANN?

Jeff

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Gosh, I vaguely remember reading about them - $$xx,xxx per year for multiyear registrations. Who woulda thunk that might now work?! I would imagine they could turn it around by having more normal pricing and registration policies.
 

Jeff

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Looks like .wed has failed:

http://domainincite.com/22372-as-wed-goes-ebero-did-the-first-new-gtld-just-fail

Interesting part:

The company was founded by an American defense contractor with no previous experience of the domain name industry after she read a newspaper article about the new gTLD program, and has a business model that has so far failed to attract customers.

The key thing keeping registrars and registrants away in droves has been its policy that domains could be registered (for about $50 a year) for a maximum period of two years before a $30,000 renewal fee kicked in.
 
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