Web address fees to rise for .com, .net
Associated Press
Monday, April 7, 2008
Fees for using two of the most common suffixes for Internet addresses are going up for a second consecutive year.
VeriSign Inc., the company that keeps the master list of domain names ending in .com and .net, said that effective Oct. 1, the annual fee for .com names will go up 7 percent to $6.86 and the .net fee will increase 10 percent to $4.23.
The fees are what VeriSign charges companies that sell domain names on its behalf, and those charges are generally incorporated into the prices that companies, groups and individuals ultimately pay to register names.
VeriSign could make up to $37 million a year from the increase, with some 75 million .com names and 11 million .net names in use. The price hike, however, applies only at renewal and to new registrations, and many resellers offer discounts on multiyear deals.
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