A few years ago I happened to register a .com url that is an old nickname I've used. Recently I discovered that the same domain name, but .net, is the name of a mainstream punk band that is on the up and up. I have approached the band manager and spoke to him on the phone yesterday with an offer to sell it to them, and so far his response is that the band really "does not have the money" right now.
However, in the same conversation this manager tells me that the band *just* got accepted and is about to be played on MTV2, is in the process of negotiating a record deal with major labels, and is "about to become a household name." From looking at their .net site and from what I can conclude per my conversation with the band manager, they seem very marketable and have a good image and are in a great position to gain some success. I also concluded from my conversation with him that my .com site is getting 2-3 times the number of hits than their .net site. It has only been erected with a counter for less than a week, and seems to be getting higher numbers daily.
My dilemma now is that I really want to get a decent chunk of change for this domain name, ASAP, and turn the profit into something else. I have invested time and money in the past towards the planning and development of this site PRIOR to even being aware that such a band existed under the same name. I am not going to mention the name here, but it is a rather common couple of words, and I do not think they can really give me any hassles if I were to go ahead with my original plans for this site. My plans for this domain name are NOT conflicting with the band itself, I have never and still do not have any plans to SQUAT or capitalize off this band's name to make my original business plan successful. In general, its a good mainstream domain name.
I do not care to play negotiating games with some struggling band if they cannot give me what it is worth. I am considering selling it if I can get a fair amount for it, yet I am also thinking about moving ahead with my original plans for this domain. Unsure of just what to do.
I am posting this here because I know there are a lot of serious business people here, definitely more knowledgeable and aggressive at this type of business venture than myself, who may either have good advice to give me, or perhaps interested in turning around some K.
If anyone has any advice it is greatly appreciated. I can also be contacted by email at
[email protected] if anyone is SERIOUS and would be interested in buying this domain from me if the band themselves do not pull through. As I said, in probably 6 months from now this url will be pulling in lots and lots of type in traffic and is going to seriously increase in value. I need the capital, and if anyone wants to make a quick turn-around of some money then drop me an email and I will give you more info
To my knowledge this band does not own the trademark of their name, but has put out 6 cds, and sold "hundreds of thousands" of albums. They JUST released a new album and are even on the WARP TOUR bill for this summer. hehe and I own their dot com. Fun.
Thanks in advance for any help in this matter!