CentralNic Group PLC CentralNic awarded contract for .FM
01 August 2016 - 4:01PM
RNS Non-Regulatory
TIDMCNIC
CentralNic Group PLC
01 August 2016
Press Release 1 August 2016
CentralNic Group plc
("CentralNic")
CentralNic awarded contract for .FM and other extensions by BRS
Media
CentralNic Group plc (AIM:CNIC), the Internet platform business
which derives revenues from the global sale of domain names, has
been awarded the exclusive contract with San Francisco-based BRS
Media, the rights holder for the Top-Level Domain ("TLD") .FM, to
distribute the .FM domain on CentralNic's global technical
platform.
The .FM TLD has been adopted by numerous high profile names
including country music superstar, CarrieUnderwood.fm, the US
National Public Radio's (NPR) podcast channel Earbud.fm, and
China's popular online radio aggregator application Qingting.fm.
The .FM TLD also formed an integral part of Last.fm's branding -
one of the music industry's most disruptive music streaming
websites that was acquired by CBS in 2007 for USD$280 million.
CentralNic will work with BRS Media to continue to promote .FM
amongst the online streaming and music industries, an industry
which achieved digital revenues of US$6.7 billion in 2015 (Source:
IFPI's Global Music Report 2016).
CentralNic CEO Ben Crawford said, ".FM and its affiliated domain
extensions are good examples of how to succeed as 'dotIndustry'
domains, with their longstanding adoption by companies who have
redefined their industry, such as Last.fm. We are excited to add
this group of high quality TLDs and Second-Level Domain extensions
("SLDs") to CentralNic's global backend platform."
BRS Media CEO George Bundy said: "Migrating onto the CentralNic
platform gives our TLDs and SLDs immediate access to many more
active registrars than we had before, as well as CentralNic's own
global sales and marketing services, which have been proven on
other repurposed country code Top-Level Domain ("ccTLDs") like .pw
and .la and by CentralNic's staggering 34% market share of all new
gTLD registrations."
Other domain extensions under this agreement include .RADIO.fm
and .RADIO.am, which are geared towards bootstrap start-ups, small
office/home offices, entrepreneurs, one-person streaming companies,
as well as traditional radio broadcasters across the globe.
Finally under the same agreement, CentralNic will also launch
.AM and the .co.am, .com.am, .net.am and .org.am subdomains through
its new disruptive Registry Gateway Service at the end of August
2016. The Registry Gateway Service allows registrars to access
multiple extensions from multiple registries through one single EPP
(Extensible Provisioning Protocol) connection.
-Ends-
For further information:
CentralNic Group Plc
Ben Crawford (CEO) +44 (0) 203 388 0600
Zeus Capital Limited - NOMAD and
Joint Broker
Nick Cowles / Jamie Peel +44 (0) 161 831 1512
John Goold / Alex Davies +44 (0) 203 829 5000
Peel Hunt LLP - Joint Broker
Richard Kauffer / Euan Brown (Corporate
Finance) +44 (0) 207 418 8900
Alastair Rae (Syndications)
Abchurch Communications
Canace Wong / Nessyah Hart / Julian
Bosdet +44 (0) 207 398 7714
centralnic@abchurch-group.com www.abchurch-group.com
About CentralNic Group plc
CentralNic (LSE: CNIC) is a London-based AIM-listed company
which earns revenues from the worldwide sales of internet domain
names over its proprietary technology platform. These domain names
are sold on an annual subscription basis and paid for by customers
upfront, making CentralNic a cash-generative business with annuity
revenue streams.
CentralNic comprises three business lines within the domain name
industry. It operates a global wholesale network, supplying domain
names to over 1,500 vendors in 77 countries. CentralNic is the
exclusive wholesaler for over 30 new Top-Level Domain extensions
(the new alternatives to .com and .net), including .xyz, .site,
.online, .website, .space, and .tech, which are ranked among the
top twenty five most subscribed new Top-Level Domain extensions.
One in three of all domains registered under new TLDs globally uses
the CentralNic platform, ranking CentralNic as the leading global
supplier with approximately eight million of these domains under
management.
CentralNic is also a leading global domain name retailer, with
retail websites including internetbs.net, buydomains.london and
domain.luxury, as well as most recently instra.com and others
following its acquisition of global domain name retailer Instra
Group. Additionally, via its enterprise programme, CentralNic
supplies domain names (including high-value premium domain names),
software and services directly to large corporations and
governments.
For more information please visit: www.centralnic.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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