Tag: "TLD"

Famous Four Media Hits 2 Million Domains Under Management

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Gibraltar, February 24, 2016 /ChinaNewswire.com/ - According to Jon Meacham, executive editor at Random House, "A lot of people, including business leaders, think the future belongs to China."

In the domain name industry, at present, this observation holds true. For example, the leading registrar for new gTLDs is west.cn with nearly 20% of the available market. That's a full 10 percentage points ahead of the second most popular registrar AlpNames.

Things are certainly different in Asia. According to ntldstats.com, seven out of the top 10 most popular extensions in Asia have only three characters, none of them are Internationalized Domain Names (IDNs) and the remaining three extensions have four characters.

"It's fair to say that our domain endings are proving very popular in Asia, and in China in particular," declared Geir Rasmussen, CEO of Famous Four Media. "The simplicity of our extensions such as .WIN, .BID and .MEN are appealing to the Asian market and this popularity has helped Famous Four Media to smash 2 million names under management well ahead of our initial projections."

Famous Four Media, one of the fastest growing new gTLD registry management companies, has seen an increasing contribution from the Asian geography over the past two years, rapidly outstripping European demand.

"This is a clear indicator that the new gTLD program, as a whole, has struck a chord in Asia. Prior to the launch of the new gTLD program, Asian countries including China were only mildly interested in existing extensions like .com. Now, however, China, with its aggressive focus on international trade, can really see the value in descriptive domain extensions." continued Rasmussen. "The most popular domain extensions appear to be short, positive and punchy and .WIN fits the bill on all of those scores. For example, over 80% of the 600,000 registrations in .WIN have come from this geography. China is also playing a significant part in helping the global new gTLD premium domain name market evolve. We are seeing significant investment in premium domain names from the Asian markets."

Famous Four Media managed registries comprise 15 new gTLD extensions including .WIN, .BID, and .LOAN. Domain names can be registered through Famous Four Media's network of ICANN accredited registrars.

About Famous Four Media
Famous Four Media Limited (www.famousfourmedia.com) was set up in 2011 by a group of recognized domain name experts and successful financiers to actively provide products and services to TLD Registry operators under ICANN's new generic Top Level Domains ("gTLD") program.

Drawing on the best from both Registries and Registrars, Famous Four Media's management team has extensive experience in the domain name industry having successfully launched, operated, marketed and run generic TLDs under previous rounds and having managed some of the largest corporate and retail domain name registrars in the world.

The 24 gTLD applications, that are currently under Famous Four Media management, include some of the most interesting and valuable domain suffixes, such as .ACCOUNTANT, .BID, .CHARITY, .CRICKET, .DATE, .DOWNLOAD, .FAITH, .LOAN, .MEN, .PARTY, .RACING, .REVIEW, .SCIENCE, .STREAM, .TRADE, .WEBCAM and .WIN

Source: achurley

Visit the original:
China Newswire

Famous Four Media Expands Into China

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Gibraltar, February 10, 2016 /ChinaNewswire.com/ - Famous Four Media, the world's leading domain name management company for new-style domain names, is expanding its operations into the Asian geography by opening a Wholly Foreign Owned Entity in China for the purpose of applying for Ministry of Industry and Information Technology (MIIT) accreditation.

Famous Four Media is one of the few domain management companies applying for MIIT accreditation, which will allow it to engage in commercial and operation activities in China.

Oliver Smith, Senior Legal Counsel at Famous Four Media is managing the accreditation process.

“It was clear to us soon after launching our first domain registry that domain registrations from China comprised a strong proportion of the total,” said Smith. “It was a natural progression of our strategy to build a physical presence in China. The accreditation process is complicated but well-structured and, thanks to the help of advice from the Chinese government, should be completed relatively quickly.”

“China is a key component to our business strategy,” explained Geir Rasmussen, CEO of Famous Four Media. “During the dot COM era, Asia lagged behind the rest of the world in terms of domain name registration and commercial Internet exploitation. However, the introduction of the new domain endings in 2013 has provided the opportunity for China to take a leading position in the new Not COM era.”

Famous Four Media is the leading registry management company for new-style domains with nearly two million domains under management, the most of any registry management company. In addition, over 30% of the top 10 most popular new domain extensions are managed by Famous Four Media. Domain names can only be registered through an ICANN accredited registrar and four out of Famous Four Media’s top five performing registrars are based in China making it a natural location from which to build the development of its business.

“Our success is dependent upon our partners,” continued Smith “Registry operators need registrars in order to develop their registries and, in china, we have been fortunate to be working with the very best Chinese registrars and legal firms. Our move into China will help cement and build on these relationships enabling us to develop products and services which are fine tuned for the burgeoning Chinese market.”

Famous Four Media has forged strong working partnerships with a number of Chinese companies including: Chengdu West Dimension Digital Technology Co., Ltd. (west.cn), Xiamen Nawang Technology Co., Ltd (nawang.cn), Foshan YiDong Network Co (72e.net), HiChina (net.cn) and HiChina (www.net.cn) and Todaynic.com Inc. (todaynic.com) and confidently expects to have a fully staffed office in Beijing by March 2016.

Famous Four Media managed registries comprise 15 new gTLD extensions including .WIN, .BID, and .LOAN. Domain names can be registered through Famous Four Media’s network of ICANN accredited registrars.

Contact
Oliver Smith
[email protected]

About Famous Four Media
Famous Four Media Limited (www.famousfourmedia.com) was set up in 2011 by a group of recognized domain name experts and successful financiers to actively provide products and services to TLD Registry operators under ICANN’s new generic Top Level Domains (“gTLD”) program.

Drawing on the best from both Registries and Registrars, Famous Four Media’s management team has extensive experience in the domain name industry having successfully launched, operated, marketed and run generic TLDs under previous rounds and having managed some of the largest corporate and retail domain name registrars in the world.

The 24 gTLD applications, that are currently under Famous Four Media management, include some of the most interesting and valuable domain suffixes, such as .ACCOUNTANT, .BID, .CHARITY, .CRICKET, .DATE, .DOWNLOAD, .FAITH, .LOAN, .MEN, .PARTY, .RACING, .REVIEW, .SCIENCE, .STREAM, .TRADE, .WEBCAM and .WIN

Source: achurley

Visit the original:
China Newswire