Domain Sex.com sold for record $13 million
November 19th, 2010 - 3:51 am ICT by BNO NewsCAMBRIDGE, MASSACHUSETTS (BNO NEWS) — Online domain specialist Sedo on Thursday announced Escom’s sale of the Sex.com domain name for a record $13 million.
Sedo did not reveal the new owner, but reports indicate that Clover Holdings Ltd finalized the deal.
Escom acquired the domain in 2006 for a then record $11.5 million, but the recent $13 million sale of Sex.com now holds the record as the largest domain sale to date, which further demonstrates that sex continues to be a hot item in the market.
The sale was brokered by one of Sedo’s senior domain brokers, Jeffrey Gabriel, who conducted a three-month search for a buyer on behalf of Escom in accordance with an order issued by the U.S. Bankruptcy Court for the Central District of California.
“We are very pleased with the fact that the bankruptcy process provided a basis for the sale of the domain free and clear of all creditor liens, which has now yielded this record breaking price,” stated Del Anthony, CEO/President of Escom.
“It is very rare when a domain name of this quality and value becomes available, and we are pleased that Sedo was involved with this historic event. To our knowledge, this sale represents the single largest recorded price paid for a domain name in the history of the Internet,” said Gabriel.
Previous high-priced domain sales include Slots.com for $5.5 million, Dating.com for $1.75 million, and Photo.com for $1.25 million.
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