ICANN $$$ Update
Doug Brent, chief operating officer for the Internet Corporation for Assigned Names and Numbers, shared some impressive budget statistics at the group's meeting in San Juan, Puerto Rico on Monday.
He said ICANN has net revenue of $46.6 million and expenses of $41 million -- but it looks as if revenue will actually be more like $50 million, ICANN board member Susan Crawford pointed out on her blog. Click here to see Brent's presentation.
But what's driving spending? About $1.6 million on new generic top-level domains; $1 million on the At-Large Advisory Committee and outreach; almost $1 million on internationalized domain names; roughly $800,000 on compliance; $700,000 on legal; $530,000 on registrar data escrow; $400,000 on economic assistance, Crawford wrote.
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