Sign up now to receive our regular news briefs.

Israel.com Goes on Selling Block, Expected to Fetch Over $1m

May 1, 2013 12:32 pm 5 comments

Underlying the Israeli-Palestinian conflict are the scars each side carries from a traumatic past. Photo: MathKnight and Zachi Evenor

What is being billed as an “extremely rare and valuable asset” has come onto the market: the domain name “Israel.com.”

Florida resident Jean-Noel Frydman originally acquired the URL in 1994 “to protect” the name from falling into the hands of someone who “might promote the wrong ideas.” Several years ago he put it on the selling block for in excess of $5 million, but though he had interest, he was never able to complete the sale. Now he is trying his luck again.

“The 65th anniversary is coming up and there’s also the fact that I haven’t developed it in that many years and I think it’s time to pass the baton onto somebody who will,” Frydman told The Algemeiner is his reasoning behind making the URL available now.

Lest you get too excited, the purchase price won’t be cheap. Mark Daniel, Director of Business Development at Domain Holdings and Frydman’s representative in the sale, says the expectation is for a seven-figure payday.  “It’s just very very rare that something like this becomes available,” Daniel told The Algemeiner.  For comparison’s sake, in 2009 Russia.com sold for $1.5 million and other domain names of other countries have also sold or are selling for seven figures.

Both Frydman and Daniel say that the response has been positive thus far. Daniel and Frydman don’t foresee the name being available beyond May. “The real value here isn’t in the URL,” says Frydman. “It’s in the fact that you can promote it on the radio, on buses. There’s a lot of value in how you can build a brand–its recognizable, it’s global.”

The primary goal has been in getting the domain name into the right hands. Frydman says that he has spoken to the Israeli government in the past but that “discussions never went to the point where there was a way forward.”

Now the primary parties expressing interest are private buyers in Israel. To make sure that the eventual purchaser doesn’t renege on their responsibility to do something pro-Israel with the site, the contract will have an addendum speaking to that requirement in the contract.

Says Daniel, “We’re very excited, but it’s early. The process has just begun.”

5 Comments

  • Have::

    ALAISRAEL.com….referencing the concept of …( of Israel ) available for sale at this time ..

    Since Israel.com is or was so expensive ..the reference above should more than suffice …

  • Hi, I was wondering about that. As far as I know Israel.com sold in 2008 for $5.88 M as was publicized in various news agencies. soo is that not correct? did the sale not happen?

  • IT’S A PITY JEAN-NOEL FRYDMAN HAS NO JEWISH IDENTITY AND ENGAGES IN IDOL WORSHIP (MONEY.

    HE OWNS SOMETHING VERY PRECIOUS TO JEWS AND THE STATE OF ISRAEL AND HE SHOULD SIMPLY DONATE IT TO THE STATE OF ISRAEL.

  • He should just donate it to the government. He obviously doesn’t need the money if he’s held onto it all these years. Also, i am no lawyer, but looking forward to the future, I am wondering what entity wil enforce that addendum in the contract that will require pro-Israeli usage in the future. If the URL is purchased by an individual, curious as to the legal mechanism to enforce that usage. Almost sounds like a last will and testament that controls from beyond the grave. only this is not a will. random musings, should be interesting. I guess Daniel will figure it out.

  • How about funding this:

    The Beauty of Jewish and Christian Solidarity: (Please Share)
    The Israel Longhorn project is about Tikun Olam (repairing the world)- a Jewish project to create jobs in Israel, to end poverty around the world by helping Africa. This project will build understanding and partnerships between Israelis and the Jewish and Christian communities in the United States.

    As the world struggles to feed more people, there is something that you can to help bring a vibrant and sustainable cattle industry to arid regions of Israel, the Middle East and Africa. For a small sustaining donation… in any amount… you can help with an historically important project to introduce Texas Longhorn Cattle to desert ranch lands that offers the potential to help sustain the environment and develop a native cattle industry that… over the years… can feed millions.

    In the US, the wealth of our nation was built in part on the introduction of Longhorn Cattle into the arid lands of Texas. With the coming of the railroads, the Texas beef industry helped feed a nation. Now you can help build an important and sustainable food industry for the world’s future generations. For more information, go to:

    http://LonghornProject.org

    Much like planting the seed from an apple… the LonghornProject.org is planting the seed of food self-reliance and self-sufficiency for people around the world. Please join us in making this vision a faster reality with your sustaining donation. This small step can mean so much to so many people.

    Robin Rosenblatt, M.Sc.
    Director – The Longhorn Project
    501(c)3 Nonprofit #74-3177354
    815 Hill St. # 5
    Belmont, CA 94002
    650.631.9270

Leave a Reply

Please note: comments may be published in the Algemeiner print edition. Comments written in all caps will be deleted.


Current day month ye@r *

More...

  • Features World Graves of Jewish Pirates in Jamaica Give Caribbean Tourists Taste of Little-Known History

    Graves of Jewish Pirates in Jamaica Give Caribbean Tourists Taste of Little-Known History

    Tour operators are calling attention to Jamaica’s little-known Jewish heritage by arranging visits to historic Jewish sites on the Caribbean island, including a cemetery where Jewish pirates are buried. A report in Travel and Leisure magazine describes the Hunts Bay Cemetery in Kingston, where there are seven tombstones engraved with Hebrew benedictions and skull and crossbones insignia. According to the report, centuries ago, Jewish pirates sailed the waters of Jamaica and settled in Port Royal. The town, once known as “the wickedest city in the […]

    Read more →
  • Arts and Culture Blogs Filmmaker Eyal Resh Embraces the Challenge of Telling Israel’s Story (VIDEO)

    Filmmaker Eyal Resh Embraces the Challenge of Telling Israel’s Story (VIDEO)

    JNS.org – Telling Israel’s story. It’s the specific title of a short film that Eyal Resh created last year. It’s also the theme behind the 27-year-old Israeli filmmaker’s broader body of work. The widely viewed “Telling Israel’s Story” film—directed by Resh for a gala event hosted by the Times of Israel online news outlet—seemingly begins as a promotional tourism video, but quickly evolves to offer a multilayered perspective. “I want to tell you a story about a special place for me,” a young woman whispers […]

    Read more →
  • Blogs Features Israel Geeks Out: Science, Art and Tech Event Embodies Jewish State’s ‘DNA’

    Israel Geeks Out: Science, Art and Tech Event Embodies Jewish State’s ‘DNA’

    JNS.org – The entrance to Jerusalem’s Sacher Park was transformed from April 25-27 by a fire-breathing robotic dragon, which flailed its arms and attempted to take flight. The robot, a signature feature at Jerusalem’s first-ever “Geek Picnic,” was one of more than 150 scientific amusements available for the public to experience. This particular dragon was designed by students from Moscow’s Art Industrial Institute in conjunction with the Flacon design factory, said Anatasia Shaminer, a student who helped facilitate the display. Children […]

    Read more →
  • Book Reviews Opinion The Syrian Virgin (REVIEW)

    The Syrian Virgin (REVIEW)

    The Syrian Virgin, by Zack Love. CreateSpace, 2015. The Syrian Virgin, by Zack Love, is a very interesting novel. Equally a political and romantic thriller, at times a real page-turner, it gets you intimately involved in the dire situation in today’s Syria, as well as in the romantic entanglements of its mostly New York-based characters — whose entanglements just might determine the fate of that dire situation in Syria. Along the way it introduces a really important idea that somehow […]

    Read more →
  • Features Unpacking the Nagorno-Karabakh Conflict and Its Ripple Effect on Israel’s Region

    Unpacking the Nagorno-Karabakh Conflict and Its Ripple Effect on Israel’s Region

    JNS.org – Aside from Israel itself, those with a vested interest in the Jewish state are accustomed to tracking developments related to Middle East players such as Iran, Syria, Jordan and Egypt. But much global attention has recently focused on the Caucasus region at the Europe-Asia border, specifically on the suddenly intensified violence between Azerbaijan and Armenia in the mountainous Nagorno-Karabakh area of western Azerbaijan. The Nagorno-Karabakh conflict, while not taking place in Israel’s immediate neighborhood, does have what one scholar called […]

    Read more →
  • Blogs Features Earth Day 2016: Israel Shines in Water Technology, Recycling, Renewable Energy

    Earth Day 2016: Israel Shines in Water Technology, Recycling, Renewable Energy

    JNS.org – On Friday, April 22, 196 nations across the world mark Earth Day, the annual day dedicated to environmental protection that was enacted in 1970. Not to be forgotten on this day is Israel, which is known as the “start-up nation” for its disproportionate amount of technological innovation, including in the area of protecting the environment. For Earth Day 2016, JNS.org presents a sampling of the Jewish state’s internal achievements and global contributions in the environmental realm. Water conservation Israeli […]

    Read more →
  • Arts and Culture World New Documentary Explores Holocaust Humor, Role That Laughter Played in Death Camps

    New Documentary Explores Holocaust Humor, Role That Laughter Played in Death Camps

    Holocaust humor and the role that laughter played in the lives of Jews during World War II are the focus of a documentary that made its world premiere on Monday at the Tribeca Film Festival in New York City. In The Last Laugh, first- and second-generation survivors, as well as famous Jewish and non-Jewish comedians, discuss their thoughts on when joking about the death camps is appropriate or taboo. “Nazi humor, that’s OK. Holocaust humor, no,” Jewish comedic giant, actor and filmmaker Mel Brooks says in the film. “Anything I […]

    Read more →
  • Arts and Culture Blogs Tragedy Culminates in ‘Celebration,’ Says Israeli Author Who Lost Son to Terror

    Tragedy Culminates in ‘Celebration,’ Says Israeli Author Who Lost Son to Terror

    JNS.org – Sherri Mandell’s life was devastated on May 8, 2001, when her 13-year-old son Koby was murdered by terrorists on the outskirts of the Israeli Jewish community of Tekoa. Yet Mandell not only shares the story of her loss, but also celebrates the lessons she has learned from tragedy. Indeed, “celebrate” is this Israeli-American author’s word choice. Her second book, The Road to Resilience: From Chaos to Celebration (Toby Press), came out earlier this year. The lesson: in every celebration, there is […]

    Read more →