What You Get for a ‘Premium’ Domain Name

“Site owners pay $60 a year for a typical .xxx domain, compared with less than $10 for a .com. ICM Registry auctioned “premium” names for much more. The aforementioned shemales.xxx went for $200,000; fetish.xxx, for $300,000; gay.xxx, for $500,000. In the last three months of 2011, its first active quarter, the tiny company took in $25 million.”

— According to the Bloomberg Businessweek cover story, Logan has been buying the wrong domain names. [via]