Via PRNewsWire:
Travelzoo (Nasdaq: TZOO), a global Internet media company, today announced that it has purchased the Internet domain name fly.com for $1,760,000 in cash. Travelzoo intends to use this domain name for a new information Web site to be launched in February.
“We are delighted to acquire fly.com for our new offering,” said Brian Clark, senior vice president and general manager, search products, Travelzoo. “The name is a perfect match for Travelzoo’s renowned approach: simple, fun, and world class. Where others see doom and gloom we see opportunities to serve travelers and advertisers with innovative approaches to finding the best values in travel.”
The domain name purchase was brokered by Sedo.com, LLC.
Congratulations to all parties involved.
Have a great day,
Sahar
Travelzoo provides a great “Top 20″ weekly deals in travel newsletter. I am a big fan and investor. The stock has bombed lately due to expenses related to a Asian and European expansion. They are still debt-free and have a massive subscriber base.
“Fly.com will launch a new travel search engine within the next few weeks that will help you find the best travel options. Please visit us again soon.”
I hope Fly.com gives them the platform to offer a killer search engine. It better be good becuase Kayak.com is a killer application. That his who they need to gunn for.
It’s great…
Fly.com sells for 1.8m and fly.travel sells almost simultaneously over at Domainfest for a whopping $2.5k
Fly.com worth >>> 700x more
.travel >>> joke !
They still put out a press release though — too funny.
http://www.travel.travel/index.php/2009/01/30/13009-five-premium-travel-domain-names-sold-at-live-auction-at-domainfest-global/
TZOO, the buyer is up over 30% today on better than expected earnings. i think this stock is an easy triple as fly.com opnes up a whole new source of revenue in the metasearch niche currently dominated by kayak.