[Dt-cwg-auctionproceeds] Fwd: ICANN News Alert -- Results Available for 27 July 2016 New gTLD Program Auction

[Alan Greenberg]

Total now about $235,000,000!
Alan

>News Alert
>
>
>
><https://www.icann.org/news/announcement-2-2016-07-28-en>https://www.icann.org/news/announcement-2-2016-07-28-en
>
>----------
>
>
>Results Available for 27 July 2016 New gTLD Program Auction
>
>
>
>28 July 2016
>
>On 27 July 2016, <http://www.powerauctions.com/>Power Auctions LLC, 
>ICANN's authorized auction service provider, conducted a New Generic 
>Top-Level Domain (gTLD) Program auction to resolve contention for 
><https://gtldresult.icann.org/application-result/applicationstatus/contentionsetdiagram/233>.WEB 
>and .WEBS. Auction serves as the method of last resort for 
>determining which applicant may operate a gTLD when several entities 
>have applied for the same or confusingly similar gTLDs. This method 
>was defined through ICANN's bottom-up, multistakeholder process.
>
>Eight applicants completed the requirements for participating in the 
>.WEB/.WEBS auction. NU DOT CO LLC prevailed in the auction for the 
>price of $135 million to operate the .WEB gTLD, and Vistaprint Ltd 
>prevailed with a price of $1 for the .WEBS gTLD.
>
>
>Auction Proceeds
>
>
>
>The proceeds from New gTLD Program auctions, which will total more 
>than $230 million, are being reserved. The multistakeholder 
>community will develop proposals for how these proceeds could be 
>distributed. A community-based drafting team is currently working on 
>a charter for a Cross-Community Working Group that will create 
>recommendations for Board consideration. 
><https://community.icann.org/display/NGAPDT/New+gTLD+Auction+Proceeds+Drafting+Team+Home>Learn 
>more about this work.
>
>"New gTLD Program auctions are the community-established, last 
>resort method to help determine which applicant will have the 
>opportunity to operate a particular new generic top-level domain, 
>when multiple entities vied for the same or confusingly similar 
>domains." said Akram Atallah, president of ICANN's Global Domains 
>Division. "We look forward to seeing the community's recommendations 
>for the use of these proceeds."
>
>
>Auctions and the New gTLD Applicant Guidebook
>
>
>
>The Internet community spent nearly three years developing a 
>playbook for rolling out new gTLDs under the New gTLD Program, known 
>as the New gTLD Applicant Guidebook. The guidebook outlines measures 
>for addressing a variety of circumstances that could occur 
>throughout the gTLD application and evaluation processes, including 
>instances where multiple applicants applied for the same or 
>confusingly similar new gTLDs. Only one entity can operate a given 
>new gTLD, so contention must be resolved. Applicants can resolve 
>contention among themselves, and ICANN encourages them to do so. 
>However, this isn't always possible. The ICANN stakeholder community 
>helped develop methods for resolving contention, and it decided that 
>auction should serve as the method of last resort. ICANN is 
>responsible for implementing auctions in accordance with the rules 
>defined in the New gTLD Applicant Guidebook.
>
>There are two different types of contention sets: direct and 
>indirect. Direct contention occurs when multiple applicants are 
>vying for the same or confusingly similar gTLDs. Indirect contention 
>exists when two or more applications are in direct contention with a 
>third application, but not with one another. .WEB/.WEBS was an 
>indirect contention set consisting of one application for .WEBS and 
>seven applications for .WEB. In this case, the application for .WEBS 
>prevailed along with one application for .WEB. For a more detailed 
>description of auction and indirect contention, see Module 4 of 
><http://newgtlds.icann.org/en/applicants/agb>New gTLD Program 
>Applicant Guidebook.
>
>
>More Information
>
>
>
>    * 
> <https://gtldresult.icann.org/application-result/applicationstatus/stringcontentionstatus>Contention 
> Set Status: 218 of 234 contention sets are now resolved. The 
> majority have self-resolved, but 16 sets resolved via ICANN auction.
>    * 
> <https://gtldresult.icann.org/application-result/applicationstatus/auctionresults>Auction 
> Results: Reports on this page of the New gTLD Microsite provide 
> additional information on each auction outcome.
>    * 
> <http://newgtlds.icann.org/en/applicants/auctions/proceeds>Auction 
> Proceeds and Costs: A detailed summary of the proceeds and costs of 
> each auction through July 2016. This information will be updated 
> within seven days of each auction.
>    * 
> <https://newgtlds.icann.org/en/applicants/auctions/schedule-28jul16-en.pdf>Auction 
> Schedule [PDF, 263 KB]: Updated as of 28 July 2016.
>    * General <http://newgtlds.icann.org/en/applicants/auctions>New 
> gTLD Program Auctions information.
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