The Internet Corporation for Assigned Names and Numbers (ICANN) made an announcement yesterday that registrars would be permitted to apply for new generic Top-Level Domains (gTLDs) in May of 2011. Today registrars act as the retail channel selling domain names to businesses, individuals and organizations.  They buy such names from registry operators at wholesale prices (Neustar Registry Services for names such as .biz and .us, and Verisign for .com and .net).  Under the new policy, registrars will be permitted to apply for the right to operate registries for new gTLDs such as .web, .blog, .news or others.

      Tim Switzer, Vice President, Registry Services at Neustar said, "Neustar has been operating a world class registry for 10 years and currently provides services to over 280 ICANN accredited registrars.  This white label solution will make it possible for Registrars to quickly and cost-effectively enter the registry business, while promoting their own brands and domain extensions."

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