CentralNic Group PLC CentralNic awarded contract for .FM

TIDMCNIC

CentralNic Group PLC

01 August 2016

 
 Press Release   1 August 2016 
 

CentralNic Group plc

("CentralNic")

CentralNic awarded contract for .FM and other extensions by BRS Media

CentralNic Group plc (AIM:CNIC), the Internet platform business which derives revenues from the global sale of domain names, has been awarded the exclusive contract with San Francisco-based BRS Media, the rights holder for the Top-Level Domain ("TLD") .FM, to distribute the .FM domain on CentralNic's global technical platform.

The .FM TLD has been adopted by numerous high profile names including country music superstar, CarrieUnderwood.fm, the US National Public Radio's (NPR) podcast channel Earbud.fm, and China's popular online radio aggregator application Qingting.fm. The .FM TLD also formed an integral part of Last.fm's branding - one of the music industry's most disruptive music streaming websites that was acquired by CBS in 2007 for USD$280 million. CentralNic will work with BRS Media to continue to promote .FM amongst the online streaming and music industries, an industry which achieved digital revenues of US$6.7 billion in 2015 (Source: IFPI's Global Music Report 2016).

CentralNic CEO Ben Crawford said, ".FM and its affiliated domain extensions are good examples of how to succeed as 'dotIndustry' domains, with their longstanding adoption by companies who have redefined their industry, such as Last.fm. We are excited to add this group of high quality TLDs and Second-Level Domain extensions ("SLDs") to CentralNic's global backend platform."

BRS Media CEO George Bundy said: "Migrating onto the CentralNic platform gives our TLDs and SLDs immediate access to many more active registrars than we had before, as well as CentralNic's own global sales and marketing services, which have been proven on other repurposed country code Top-Level Domain ("ccTLDs") like .pw and .la and by CentralNic's staggering 34% market share of all new gTLD registrations."

Other domain extensions under this agreement include .RADIO.fm and .RADIO.am, which are geared towards bootstrap start-ups, small office/home offices, entrepreneurs, one-person streaming companies, as well as traditional radio broadcasters across the globe.

Finally under the same agreement, CentralNic will also launch .AM and the .co.am, .com.am, .net.am and .org.am subdomains through its new disruptive Registry Gateway Service at the end of August 2016. The Registry Gateway Service allows registrars to access multiple extensions from multiple registries through one single EPP (Extensible Provisioning Protocol) connection.

-Ends-

For further information:

 
 CentralNic Group Plc 
 Ben Crawford (CEO)                           [phone] 
 
 Zeus Capital Limited - NOMAD and 
  Joint Broker 
 Nick Cowles / Jamie Peel                     [phone] 
  John Goold / Alex Davies                    [phone] 
 
 Peel Hunt LLP - Joint Broker 
 Richard Kauffer / Euan Brown (Corporate 
  Finance)                                    [phone] 
 Alastair Rae (Syndications) 
 Abchurch Communications 
 Canace Wong / Nessyah Hart / Julian 
  Bosdet                                      [phone] 
 [e-mail]              www.abchurch-group.com 
 

About CentralNic Group plc

CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of internet domain names over its proprietary technology platform. These domain names are sold on an annual subscription basis and paid for by customers upfront, making CentralNic a cash-generative business with annuity revenue streams.

CentralNic comprises three business lines within the domain name industry. It operates a global wholesale network, supplying domain names to over 1,500 vendors in 77 countries. CentralNic is the exclusive wholesaler for over 30 new Top-Level Domain extensions (the new alternatives to .com and .net), including .xyz, .site, .online, .website, .space, and .tech, which are ranked among the top twenty five most subscribed new Top-Level Domain extensions. One in three of all domains registered under new TLDs globally uses the CentralNic platform, ranking CentralNic as the leading global supplier with approximately eight million of these domains under management.

CentralNic is also a leading global domain name retailer, with retail websites including internetbs.net, buydomains.london and domain.luxury, as well as most recently instra.com and others following its acquisition of global domain name retailer Instra Group. Additionally, via its enterprise programme, CentralNic supplies domain names (including high-value premium domain names), software and services directly to large corporations and governments.

For more information please visit: www.centralnic.com

This information is provided by RNS

The company news service from the London Stock Exchange

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August 01, 2016 02:01 ET (06:01 GMT)