Sex.com Sold to Escom LLC For $14M

Posted in Internet by John T P on January 21st, 2006

The infamous and controversial domain Sex.com has officially been sold to Boston-based Escom LLC for a reported $14 million, XBiz has learned.

Sex.com owner Gary Kremen was unavailable for comment, but a source from Kremen’s company, Grant Media, told XBiz that sales for the famous domain name will still be handled through Grant Media’s San Francisco offices.

While other terms of the acquisition remain unknown, XBiz was able to locate information on the deal through a company called InternetRealEstate.com, which shares office space in Boston with Domain Name Acquisition Group (DNAG), a company that was involved in a lawsuit surrounding the Sex.com domain in September.

InternetRealEstate.com is owned by Internet Real Estate Group LLC Partners, which has been involved in the acquisition, development and sale of domain names like Beer.com for $7 million, Telephone.com for $2 million, Shop.com for $3.5 million, and others such as Computer.com, College.com, Diamond.com, Timeshares.com and CreditCard.com.

A principal of InternetRealEstate.com told XBiz that his company has nothing to do with Escom and has no affiliations with DNAG either, although the company President Andrew Miller and CEO Peter Hubshman were both named as defendants in the DNAG/Sex.com lawsuit and both names appear on the InternetRealEstate.com website.

InternetRealEstate.com’s former name, Deal Jam LLC, also was named in the Sex.com lawsuit, before it became known as Internet Real Estate Group.

Complete Information : Xbiz

1 Comment »

  1. MJ said,

    January 24, 2006 @ 11:09 pm

    That Xbiz story was almost completely inaccurate.
    Real story:

    http://www.avnonline.com/index.php?Primary_Navigation=Web_Exclusive_News&Action=View_Article&Content_ID=255640

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