Domain Name News: “Demand Media Sets IPO Pricing” plus 1 more

Posted: 12 Jan 2011 05:37 PM PST

According to Bloomberg Demand Media plans to raise $120 million selling shares for $14 to $16 in their IPO scheduled for January 25th, 2011. The company, run by co-founder, chairman and chief executive officer Richard Rosenblatt, has now cleared its final SEC hurdle and set the IPO date and pricing. The IPO had stalled in December when the SEC was waiting for responses on the company’s accounting practices. Goldman Sachs and Morgan Stanley are leading the $7.5 million offering. The shares will be offered at the New York Stock exchange under the DMD symbol.

Demand Media is parent company to many companies such as registrars eNom and Bulk Register, many websites such as eHow and domain parking company Hotkeys.

[via Bloomberg]

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DomainConvergence 2011, May 12-13, Montreal, Canada

American Airlines Sunrise Application to Register aa.co.uk Rated “Invalid”

Posted: 12 Jan 2011 04:32 PM PST

In the currently ongoing Nominet Sunrise phase for the release of “reserved short domains” (single and double letter of third level .uk) domain names (DNN reported previously) American Airlines missed out on getting aa.co.uk during the Sunrise phase.

According to the sunrise whois, there were four applications for the domain name so far:

American Airlines, Inc
Andrews & Arnold Ltd
The Automobile Association Limited
Anthony Hill

The American Airlines application has been rejected as “INVALID”, the application from “Andrews & Arnold” has been validated. The latter two applications are still pending validation. The sunrise phase closes for applications on January 17th.

While the UK trademark does pre-date 2008 as required (Filing date is 14 Aug 1998), it appears that American Airlines failed to submit proof of trademark use prior to 2008. As DNN understands they will have a chance to re-apply to have their trademark validated.

[Thank you Hakan and ScottJ]

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DomainConvergence 2011, May 12-13, Montreal, Canada