.Biz and .Org prices to increase

Yup another domain name increase:

Quote:

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.Biz domain name registry NeuStar has informed ICANN (pdf) that it intends to raise wholesale prices for .biz domain names effective April 1, 2011. That’s the same time that Public Interest Registry will raise its rates on .org domain names to $7.21.

The wholesale cost of a .biz domain name will increase from $6.85 to $7.30. That does not include an ICANN fee of $.18 cents that registrars must pay, so the wholesale cost will really be $7.48. With about 2 million domain names registered, .biz will bring in about $15 million to NeuStar per year under the new pricing.

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