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ICANN Announces $185,000 gTLD Application Fee

gTLD Applicant Guidebook Released by ICANN

On October 23rd, 2008, the Internet Corporation for Assigned Names and Numbers (ICANN) released the "Applicant Guidebook" for new generic Top-Level Domains (gTLDS). This guidebook is the first concrete resource made available by ICANN for parties interested in acquiring a new TLD. The guidebook is currently open for review and comment on ICANN's Website at http://www.icann.org/en/topics/new-gtld-comments-en.htm.

Also available is an accompanying "Explanatory Memoranda", which covers the implementation process for new TLDs. More on this can be found here: http://www.tldmanagers.com/news/draft-gtld-explanatory-memos.html.

Among the details provided by ICANN is the much-anticipated estimated application fee, announced at $185,000 (USD) for the first application round. ICANN has arrived at this figure to recoup their investment in the implementation program as well as to cover the application process expenses.

"While the estimated application fee is higher than we initially expected, we do not view this as a hindrance to parties likely to secure a new gTLD," said Matthew Durgin, COO of TLD Managers. "ICANN has reinforced their position on protecting trademark holders and geographic entities. We assume that organizations such as these will have a relatively clear path to their new gTLD, and with this investment can protect brands, raise awareness and strengthen communities online."

In addition to the application fee, ICANN has released a great deal of information on the new gTLD process, including dispute resolution, rights of trademark and intellectual property holders, geographic TLD considerations and more.

About TLD Managers:
TLD Managers is a top-level domains management company located in Waltham, Massachusetts. TLD Managers assists clients in the registration of a new TLD through ICANN. Additionally, TLD Managers will manage and service a client's TLD through moderation of request for domain registration as well as expansion of TLD usage.

Contact Information
Email: info@tldmanagers.com
Phone: 1-888-8NEWTLD (1-888-863-9853)