Domain Registration Related News
BBC blew $375k on bbc.com
October 2005
The BBC has defended its decision to blow $375,000 (212,000) of
public money on the bbc.com domain.
The broadcaster - which is funded by a licence fee payable by every UK
household with a TV - bought the domain back in 1999 from US firm
Boston Business Computing but refused to say how much it had paid out.
At the time estimates suggested that the BBC had shelled out between
20,000 and 200,000, although some even suggested it could have been
as high as $30m.
But following a request under the Freedom of Information Act the
broadcaster has finally come clean.
"The BBC purchased the domain name bbc.com in 1999 from Boston
Business Computing, Limited, a Massachusetts registered corporation,
for US$375,000. The sale involved a 24 month transitional period to
ensure emails for Boston Business Computing and visitors to its site
were redirected," it said.
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