Clek Media Inc. announced $10 Million worth Domain Sale
It is reported from Tortola, BVI, that the media consulting company Clek Media Inc. has brokered the world-record sale of the domain FUND.COM. The domain was sold in an all-cash transaction for US$9,999,950. Clek represented the seller of the domain, assisting in both the negotiation and closing of the transaction. The buyer is Fund.com Inc., a New York company formerly known as Meade Technologies Inc.
It is claimed by Clek that the nearly $10 mln purchase price for FUND.COM represents the highest price ever paid for an Internet domain. It is known that in July 2007 developed BUSINESS.COM portal was sold to yellow pages publisher, RH Donnelly, for $345 million, which is 47 times the purchase price $7.5 mln of the domain name acquired 8 years ago.
Clek Media Inc. is a digital media consulting company that specializes in helping companies develop intellectual property in the digital space. Its consultants work with top management to find new and better ways to make money in this rapidly growing area.