The Directors of Top Level Domain Holdings Limited (AIM:TLDH.L), a publicly traded company focused exclusively on acquiring and operating new generic top-level domains ("gTLDs"), announced today that it has signed a joint venture agreement with LHL TLD Investment Partners of Beverly Hills California ("LHL") to apply for the .music top level domain under the gTLD programme being run by the Internet's governing body, Internet Corporation for Assigned Names and Numbers ("ICANN"). ICANN has formally opened the application window under which organisations can apply for the right to own and operate a new generic top level domain.
LHL consists of a number of leading music industry figures including artists, managers, music producers and lawyers. TLDH's wholly owned registry services business, Minds + Machines, will provide back-end registry services and TLDH will co-invest alongside LHL in the joint venture.
Antony Van Couvering, CEO of TLDH, said:
"We're thrilled to be working with leading music artists and professionals. This partnership brings financial weight and industry expertise to the table and confirms the value which we see in .music."
On the 21 February 2012, the Company announced that it had already applied for 40 gTLD Application Slots on behalf of itself and its clients. The Company will be applying for a further batch of Application Slots before the Application Window closes on 12 April 2012.
About Minds + Machines
Minds + Machines (LSE:MMX) is a leading owner and operator of new generic Top Level Domains ("gTLDs"), and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the US and Europe. Learn More
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