Ethos Capital, seeking to run .org registry, makes concessions
LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet’s .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community. Ethos Capital has offered S1.1 billion to buy the Public Interest Registry, the nonprofit corporation that runs the databases containing more than 10 million .org names registered worldwide. Organizations ranging from the Girl Scouts of the USA and Consumer Reports to the American Bible Society have opposed (https://apnews.com/4b4c0687283f774b855e7d5b5bee4744) the sale, warning of potential price gouging and censorship. California’s attorney general (https://www.icann.org/en/system/files/correspondence/jeffrey-to-nevett-30jan...) and four congressional members (https://www.wyden.senate.gov/imo/media/doc/122319%20RW%20Letter%20to%20PIR%2...) have also requested information to evaluate a deal’s potential impact to nonprofits. For the rest of the story see: https://apnews.com/78522ff9109c2e2c37eb63684b8c0bcb (https://apnews.com/78522ff9109c2e2c37eb63684b8c0bcb) Sam L
Thanks Sam and Raul The Internet Project analysis can be found here: https://www.internetgovernance.org/2020/02/22/ethos-capitals-proposed-pic-an... Thanks On Sat, Feb 22, 2020 at 8:44 AM Sam Lanfranco <lanfran@yorku.ca> wrote:
LOS ANGELES (AP) — A private equity firm seeking to buy rights to operate the internet’s .org suffix said Friday it will cap price hikes and create an advisory board with veto powers to ease concerns from the nonprofit community.
Ethos Capital has offered $1.1 billion to buy the Public Interest Registry, the nonprofit corporation that runs the databases containing more than 10 million .org names registered worldwide. Organizations ranging from the Girl Scouts of the USA and Consumer Reports to the American Bible Society have opposed <https://apnews.com/4b4c0687283f774b855e7d5b5bee4744> the sale, warning of potential price gouging and censorship. California’s attorney general <https://www.icann.org/en/system/files/correspondence/jeffrey-to-nevett-30jan...> and four congressional members <https://www.wyden.senate.gov/imo/media/doc/122319%20RW%20Letter%20to%20PIR%2...> have also requested information to evaluate a deal’s potential impact to nonprofits. For the rest of the story see: *https://apnews.com/78522ff9109c2e2c37eb63684b8c0bcb* <https://apnews.com/78522ff9109c2e2c37eb63684b8c0bcb>
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-- Joan Kerr, Entrepreneur, Artist, Humanitarian _____________________________________ Chair, Climate Smart Victory Garden Team Chair, ICANN, Not for Profit Operations Constituency Chair, IEEE Sustainable Agriculture Working Group Chair, Science for Peace, Climate Smart Victory Gardens Advisor, IEEE Humanitarian Initiatives Committee Advisor, Climate Smart Agriculture Youth Network, (CSAYN) Canada UN WSIS Award Recipient, for Content & Creativity Durham Region Recipient, Community Partnership Award Founder, Foundation for Building Sustainable Communities www.joankerr.ca, www.fbsc.org Skype: joankerr_fbsc 1-416-907-0783
participants (3)
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carlosraul@gutierrez.se -
Joan Kerr -
Sam Lanfranco