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Pizza.net sells for between $1 to $1,000,000,000

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It's not delivery, it's DiGiorno!

MediaOptionsbroker of the top tier domain name Pizza.net – have announced that they have completed the sale of Pizza.net

Patting their virtual back through a poorly written press release, Media Options asserts that the sale was one of the top 5 .net domains ever to be sold.

Unfortunately, due to an NDA signed by both parties the selling price of Pizza.net cannot be revealed, but expert domain analysts place it in the region of between one dollar to one billion dollars.

Hopefully, Media Options will now have the cashflow needed to invest in a proper corporate logo and brand, along with hiring a copywriter for their upcoming press releases. ๐Ÿ˜€

The press release about the sale of Pizza.net is below:

MediaOptions.com Completes the sale of Domain Name: Pizza.net

Panama City, Panama, August 3, 2010 – Media Options Inc. (MediaOptions.com) announced today that they have completed the sale of the domain name Pizza.net. All parties involved in the sale signed an NDA (non-disclosure agreement) so unfortunately; details of the sale cannot be released. However, it is believed that this sale represents one of the top 5 .NET domain sales of all time.

The sale comes at a time when the TLD space is being inundated with new extensions and the global release of previous ccTLDโ€™s (country code top level domains). There has been question by some domain investors regarding the long-term viability of the .NET TLD, however, this sale should put those insecurities at ease. The domain industry as a whole has been growing rapidly with total domain registrations expected to surpass 200 Million by years end. The shortage of available premium generic domain names has steadily increased the price and value of such domains. As reported by DNJournal.com (a leading industry news site), the aftermarket sales price of domain names has increased by 38% when comparing second quarter sales in 2010 vs. 2009.

Andrew Rosener, the CEO of Media Options Inc, says โ€œWe spent several months marketing this domain to many different parties whom we felt may be interested in the inherent value of such a powerful generic domain name, including Dominos Pizza & Pizza Hut. We are very pleased with the success of our efforts and believe that the buyer we found will use this domain to its full potential, which considering the 9.2 Million exact searches per month in Google alone, is a tremendous amount of potential. Pizza.net is not just another domain name; this domain was at one time the first online food ordering system on the Internet and was even featured in the hit Hollywood movie โ€œThe Netโ€ starring Sandra Bullock. Aside from this, Pizza.net was the first website on the Internet to ever use a local business proximity search, a technology which was later patented by Microsoft.โ€

For those who are not familiar with what a local business proximity search is, it is one of the single most commonly used tools on the Internet today. When you type in your address, zip code or ip address and a search for local businesses in your area is performed, this is a local business proximity search.

Pizza.net was originally registered in 1995 and has been owned by the same individual until the time of this sale. Many people who were active on the Internet in the late 90โ€™s may remember Pizza.net as being a popular online pizza ordering system. At this time it is uncertain what the new ownerโ€™s intentions are for Pizza.net.

Media Options Inc. is a brokerage service of premium domain names with over 12 years of experience in the domain business. They operate one of the leading domain industry newsletters and are currently brokering the sale of other premium domain names such as: Ropa.com (clothing in Spanish), ColdAndFlu.com & many others. For more information about their services please visit: www.mediaoptions.com.


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Comments

9 Responses to “Pizza.net sells for between $1 to $1,000,000,000”
  1. Nadia says:

    Hilarious and well-written, as always. Best title yet. Oh, and guess what I’m having for dinner? Thanks for adding to my pizza craving!

  2. Lucius "Guns" Fabrice says:

    Nadia – don’t forget to read the story behind Papajohns.co then ๐Ÿ˜€

  3. andrew says:

    Shouldn’t this one get the 100% true disclaimer? ๐Ÿ™‚

  4. Lucius "Guns" Fabrice says:

    Andrew – it’s right there at the end of the article ๐Ÿ˜‰

  5. Woo says:

    Hey, MediaOptions is good people. And besides, it’s a lot of work trying to sell a .net… I’m sure they were just tired..

  6. While there is criticism of any TLD which isn’t .COM, I believe the criticism is unfounded. A .Net domain can rank equally well as a .Net and the extension is widely recognized. Is the public really so blind that they can’t read the last three characters of the domain?

  7. Lucius "Guns" Fabrice says:

    But why would they not disclose the selling price? A PR just claiming top placement of a sale is not good enough.

    Leonard – I have nothing against .net, it’s actually underrated.

  8. One thing I can tell you is that writing this blog post took a heck of a lot less work that selling Pizza.net did.

    As for not disclosing the price, your lack of understanding on this concept shows how little experience you have with selling high profile and high value domain names. MOST serious buyers do not want their purchase price to be disclosed. There is no benefit to them.

    Of course, I would rather be able to disclose the price we sold Pizza.net for – it would bring us a lot more attention, however, a deal is a deal and I’m happy we made this deal.

    As for our logo…well, to each his own – I happen to like it ๐Ÿ™‚

  9. Lucius "Guns" Fabrice says:

    Andrew – I’m sure you worked hard to sell that big slice of pizza, nobody says otherwise. But surely how can you be certain of what we’ve done with regards to domain sales, this isn’t a pissing contest.

    Allow me to tell you, however, that if you seriously want people to believe you achieved a “top 5 .net” sale you have to disclose the price – otherwise, it’s as good as claiming the buyer paid $1 billion dollars. The industry isn’t exactly being fed by press releases anymore, there are many people that will question any such claims; we are here simply to report it.

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