Domain Name Business Making a Comeback

By Deane Barker on December 25, 2003

Signs of Recovery: Domain Names Once Again Fetch Top Dollar: We’re still a long way from the $7.5 million paid for back in 1999, but it’s something.

Last week, a Florida man sold for $1.3 million, a healthy profit over the $15,000 he paid for it in 1997. The buyers, largely entertainment industry folks who have opted to remain anonymous behind the acquiring company, LLC, want to create a portal for men.