On Thu, Nov 14, 2019, 2:17 AM Maureen Hilyard <maureen.hilyard@gmail.com> wrote:
Just read the articles, and I suspect that ISOC has decided to give the business responsibility of .ORG away to Ethos Capital so that they can concentrate on their chapters and their core business.  Also it must have seemed to be growing conflict of interest trying to be fair to all etc when it came to funding projects etc. An outside organisation / foundation could be more objective 

At our last PIR Advisory Council meeting, PIR assured us that prices would be kept to a "reasonable" level despite the removal of the cap and that the company would maintain .ORG in support of organisations working for social good. The link to Fadi Chehade is interesting as well as the registration of the Ethos company on the day the PIR agreement was finalised.



But the problem is once Ethos takes its slice and PIR takes its share for admin, etc, how much will be left for ISOC?  

In a message on the Chapter Leaders forum I asked a similar question but understood it to be irrelevant. Andrew Sullivan clarified that Ethos Capital has fully acquired PIR. The proceeds from the sale of PIR would form a corpus fund which would sustain the Internet Society in the long term. The of slices does not arise.

It is a wise decision so far as the rationale is to steer clear of various inevitable controversies associated with commercial pursuits. The Internet Society has huge public interest responsibilities, but (forgive me for the pun), the Public Interest Registry has been a distraction due to the commercial components associated with the operation of a Registry.

It might have been preferable to have insisted on a Acquisition Value + a recurrent share of revenues / profits, but in a complex legal environment, even such an arrangement would have perpetuated the legal liabilities.

Sivasubramanian M


 

It does however for those of us still embroiled in the ICANN auction proceeds dilemma, this could add another mechanism to the mix, with Ethos Capital as an external organisation that could work with ICANN and a non-ICANN Org Management Body to manage its projects and the distribution of its funding. 

M

On Wed, Nov 13, 2019 at 9:52 AM Maureen Hilyard <maureen.hilyard@gmail.com> wrote:
I know for sure that this was not even hinted at during the last PIR Advisory Council meeting.. but it will have major implications for the ISOC chapters. What are they/ISOC thinking?

Maureen 

On Wed, Nov 13, 2019 at 7:59 AM Marita Moll <mmoll@ca.inter.net> wrote:

Had we known this was lurking in the background -- which it most certainly was at the time -- it might have been a different discussion. How much did ISOC know and when did they know it -- a question ISOC chapters might want to ask.

Marita

-------- Forwarded Message --------
Subject: ISOC sells PIR
Date: Wed, 13 Nov 2019 17:38:29 +0000
From: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA>
Reply-To: Stephanie Perrin <stephanie.perrin@MAIL.UTORONTO.CA>
To: NCSG-DISCUSS@LISTSERV.SYR.EDU


 I must say, this casts the decision to drop price caps for .org in a slightly different light.  I will keep you posted as I learn more.


https://www.businesswire.com/news/home/20191113005661/en/Ethos-Capital-Acquire-Public-Interest-Registry-Internet


Stephanie Perrin

NCSG Chair

 

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