[CPWG] [registration-issues-wg] Fwd: ISOC sells PIR

[Justine Chew]

It is not uncommon for such transactions to be negotiated in confidence.
ISOC Board members probably knew about it but would have been obligated to
not disclose to anyone without need to know status.

Would be interesting to see in due course how much influence the Ethos
Capital Stewardship Council will have over Ethos Capital board of
directors, if at all.

Justine
-----


On Thu, 14 Nov 2019 at 10:37, Maureen Hilyard <maureen.hilyard at gmail.com>
wrote:

> Thank you for the explanation and clarification, Justine. Doesnt sound as
> doom and gloom as initially assumed. But interesting that nothing was
> intimated prior.
>
> M
>
>
>
> On Wed, 13 Nov 2019, 4:33 PM Justine Chew, <justine.chew at gmail.com> wrote:
>
>> It is an outright sale of an asset, the proceeds of which go toward "an
>> endowment fund" for ISOC projects/activities. No revenue sharing is
>> involved.
>>
>> The announcement indicated that all projects and operations will continue
>> as is under new ownership. With its policy on public/community benefit
>> presumably driven and overseen by Ethos Capital's Stewardship Council - I
>> wonder who they will put on this Council.
>>
>> PIR under Ethos Capital will lose its not-for-profit status, so there
>> might be financial implication not to ISOC but possibly PIR's existing .org
>> customers/registrants.
>>
>> We shall see.
>>
>> Justine
>> -----
>>
>>
>> On Thu, 14 Nov 2019 at 10:21, Maureen Hilyard <maureen.hilyard at gmail.com>
>> wrote:
>>
>>> As Eduardo said there are lots of unknowns at present. Who knows?
>>>
>>> On Wed, 13 Nov 2019, 3:02 PM Alan Greenberg, <alan.greenberg at mcgill.ca>
>>> wrote:
>>>
>>>> Why will it have major implications on ISOC Chapters?
>>>>
>>>> Alan
>>>>
>>>> At 13/11/2019 02:52 PM, Maureen Hilyard wrote:
>>>>
>>>> I know for sure that this was not even hinted at during the last PIR
>>>> Advisory Council meeting.. but it will have major implications for the ISOC
>>>> chapters. What are they/ISOC thinking?
>>>>
>>>> Maureen
>>>>
>>>> On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll at ca.inter.net> wrote:
>>>>
>>>> Had we known this was lurking in the background -- which it most
>>>> certainly was at the time -- it might have been a different discussion. How
>>>> much did ISOC know and when did they know it -- a question ISOC chapters
>>>> might want to ask.
>>>>
>>>> Marita
>>>> -------- Forwarded Message --------
>>>> Subject: ISOC sells PIR
>>>> Date: Wed, 13 Nov 2019 17:38:29 +0000
>>>> From: Stephanie Perrin <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> Reply-To: Stephanie Perrin <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> <stephanie.perrin at MAIL.UTORONTO.CA>
>>>> To: NCSG-DISCUSS at LISTSERV.SYR.EDU
>>>>
>>>>
>>>>  I must say, this casts the decision to drop price caps for .org in a
>>>> slightly different light.  I will keep you posted as I learn more.
>>>>
>>>>
>>>>
>>>> https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acquire-Public-Interest-Registry-Internet
>>>>
>>>>
>>>> Stephanie Perrin
>>>>
>>>> NCSG Chair
>>>>
>>>>
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