Clips4Sale Acquiring 30 .XXX Sites in $700K Deal
PALM BEACH, Fla. — Clips4Sale has signed up for 30 .XXX properties in an all-cash $700,000 transaction revealed Thursday.
The deal includes one .XXX domain at $300,000 and two others for over $80,000 each, ICM Registry said in a statement.
"The new owners plan to reveal the names purchased when the sites launch early next year," according to a release.
The video clip site, based in the U.K., allows producers and sellers to offer clips, images and videos for sale.
A spokesperson for Clips4Sale said the company's plan is to increase market share.
“The opportunity to acquire highly visible domain names that specifically relate to our business was an obvious choice," the spokesman said in a statement. "These 30 new domains will enable us to be predominant in certain niches within .XXX as well as provide additional avenues to promote our producers and their content to a new audience.”