Recession Weighs on Web Address Growth

Maybe sexy Super Bowl ads aren’t helping the domain name business as much as we thought.

Domain registrar VeriSign’s (VRSN) latest report on the state of the industry shows that while more than 10.1 million new Web addresses were registered in the fourth quarter, this was a 17 percent drop from the period a year earlier.

The report, which drew from data provided by VeriSign, domain-data provider ZookNIC and the nonprofit Internet Corporation for Assigned Names and Numbers, or ICANN, also showed a yearlong decline: New domain registrations averaged 11.9 million in 2008, compared with 12.2 million in 2007.

The slowdown in new URLs is clearly a reflection of the recession’s impact, says VeriSign spokesman Tom Galvin. “Any type of broader economic weakness is going to affect” that, he said, and it’s something the industry saw in the early part of the decade as well.

Read the rest of this post

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »