Date: 01/01/2000GreatDomains.com Auctions Cinema.com To U.K. Entertainment Technology Company for $700,000
GreatDomains.com, the world’s one-stop source for buying and selling domain names and Web sites, today announced the successful auction of Cinema.com, which sold for $700,000. Steve Hill, chairman and managing director of Easysoft, a U.K.-based leading provider of Data Access Middleware for building dynamic data-driven Web sites was the final purchaser that bought the domain name from previous owner, Jean-Noel Frydman, founder and CEO of France.com. “In researching various names for my new Internet-based entertainment company, I found that GreatDomains.com had the largest selection of dot com domain names available,” said Steve Hill, purchaser of the Cinema.com domain
name. “When I discovered the Cinema.com name was available for purchase, I knew I had to have it. Cinema.com instantly brings the recognized brand and installed site traffic to build a successful online entertainment company.”
Hill plans to utilize Cinema.com to launch the definitive global portal for films, appealing to a broad audience of people interested in movies, ranging from the casual movie enthusiast to the most avid film fan. The site will offer personalized e-commerce services using sophisticated one-to-one marketing, and collaborative filtering technologies to provide the one-stop shop for feature content related to film, videos, books, merchandise and memorabilia. More importantly, with the advent of digital cinema and broadband Internet, Cinema.com will be perfectly positioned for the pay-per-view delivery of movies over the Internet, directly into the home. “The importance of finding and acquiring a quality domain name for one’s online business is greater than ever,” said Jeff Tinsley, CEO of GreatDomains.com. “Cinema.com is another successful example where GreatDomains.com has helped one of today’s entrepreneurs walk away with a domain name that is perfectly suited for their industry.”