The Blogster.com domain name has been purchased for $100,000. This comes on the heels of MyBlogs.com selling for $400,000.
According to a press release:
“We were attracted to the name immediately,” said Tony Colan, Vice President of Blogster.com. “Blogging is no longer just for teens, techies and political pundits. The growth, we expect, will be explosive, and as a result, we were willing to pay a premium for a domain that will help us build brand awareness in the marketplace.”
The press release points out that the most searched-for dictionary term definition in 2004 was “blog” according to Merriam-Webster.com.
This is part of the reason behind my purchase of Blogs.info. Anyone want to buy it? 🙂
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