2008/11/01

Domain Name News

Posted: 31 Oct 2008 09:46 PM CDT

Media General, an independent communications company and parent of the Richmond Times-Dispatch, has purchased Richmond.com for an undisclosed amount of money.

Richmond.com is an Associated Cities member and considered one of the most complete geo-domains ever created. The website has 120,000 unique monthly visitors who average nearly 2.7 million page views each month. By partnering with local businesses and organizations, Richmond.com is able to act as a local hub for local news, events, and searches.

“We have achieved our goal at Richmond.com,” explained John Whitlock, chairman of The Whitlock Group and principal owner of Richmond.com, “to be an innovative and collaborative champion of the Richmond region. Our partners, customers and staff have worked together over the past eight years to create an outstanding online resource that highlights all the best Richmond has to offer. I am excited about Media General’s commitment and ability to take it to the next level. I am sure the best is yet to come.”

The development, growth, and sale of Richmond.com stands to show that a well developed geo-domain really can compete with the big guys. I expect to see quite a few more sales such as this one in the future.

[via Richmond.com]

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