For those of you who haven't heard, Verisign (the registry for .com and .net domains) will be raising the prices of .com domains 7% and .net domains 10%! This will happen on July 1st 2010...

Anyone know why they are raising the prices...? :(

The price of everything goes up every year. Look at the price of your morning coffee. That has gone up. Their costs go up as does the end users

Verisgn's current 6 year contract with ICANN (2006-2012) allows it to raise prices a maximum of 7% in 4 of the 6 years. I have lost count but believe this is the last increase before the contract expires in 2012.

Anyone know why they are raising the prices...? :(
In case you're not aware of it, they do that EVERY year now, so that exclaimation mark is not really necessary.

Time to charge end user higher. They might think that why the hosting provider are increasing their price and i'm sure that they will make a fuss out of it.

for those interested, here ICANN Registry agreement with Verisign:

http://www.icann.org/en/tlds/agreements/com/ (.com signed in 2006)

http://www.icann.org/en/tlds/agreements/net/ (.net signed in 2005)

I know they raise every year, I just didn't know what the agreement was. Thanks Marco.

The price of everything goes up every year. Look at the price of your morning coffee. That has gone up. Their costs go up as does the end users

Unfortunately, and it sucks.):

For those of you who haven't heard, Verisign (the registry for .com and .net domains) will be raising the prices of .com domains 7% and .net domains 10%! This will happen on July 1st 2010...

Anyone know why they are raising the prices...? :(

I suppose if you send them ticket you will get your question answered in full.

Anyone know why they are raising the prices...? :(

To make more money

I really hope that when the contract does eventually come around again Verisign is booted out.

This really does suck! I have a very large number of domains, primarily .COM

So whats the base pricing now then?

Full press release: https://press.verisign.com/easyir/customrel.do?easyirid=AFC0FF0DB5C560D3&version=live&prid=570292&releasejsp=custom_97

So whats the base pricing now then?
The fee for registrars is still $6.86 for .COM NOW. The increase will be effective JULY.

Look for Verisign's press release last December.

Unfortunately, and it sucks.):

Not really. Because any kind of price increase makes those portfolios of thousands of domains more expensive to carry.

In turn, that means more will drop and become available for others.

Not really. Because any kind of price increase makes those portfolios of thousands of domains more expensive to carry.

In turn, that means more will drop and become available for others.Agreed but to me the question is who should profit from this margin - ICANN, Verisign or other? Registrars work on less than $1 profit margins (and always will due to competition) and deal with more clients and more issues.

Do you expect this prices will go higher and higher? Maybe smart move is then to buy domains for next 10 years?

I remember when they were $70 for two years!

In case you're not aware of it, they do that EVERY year now, so that exclaimation mark is not really necessary.

AFAIK, they were not increased in 2009. Please let us know if you have different information.

I can bear $1 hike to preserve my internet identity :)

I remember when they were $70 for two years!
Or $100 for 2 years. (I was a bit late to the show, and missed the free days before 1995.) To old-timers like myself, these recent raises are really nothing; of course, I don't own like 100,000 domains either.