Reglikedomain industry desk

CentralNic: Early fresh TLD demand below industry expectations

Firm states its registry operations are showing steady growth despite delays and low demand for fresh TLDs.

CentralNic (AIM: CNIC) issued its interim financial note for the first half of 2014 today.

The firm, which is the backend registry operator for a number of top level domains, stated it’s realizing steady growth in the registry “against a background of delays in fresh Top-Level Domains (TLDs) and early demand levels across the industry falling short of industry expectations.”

In the same release, it mentions its investment in .Ticket registry Accent Media Ltd that values .Tickets at $13.5 million.

Incongruous?

Maybe, maybe not. I think the general line of thinking amongst fresh TLD backers is that initial demand was lower than expected, but they still think the long game plays out well for them.

That’s the only explanation for firms paying what they are to win contention sets.

That, or they all think they’re the exception that will do better than their competitors.

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