Internet.com, and its family of 'domain centric' portal websites has been sold for $18 million cash. The parent company Web Media Brands has made a business of acquiring top tier generic domains, developing and monetizing them over a period of years, then selling them. They still retain other generics such as Graphics.com.
See also 40z's coverage of the sale of their portal Photos.com, the $96 million dollar story, which gives details of the initial acquisition of the domain, the development of several marketing channels in the stock photography business, and the eventual sale of that enterprise to Gettyimages, which is using Photos.com as a portal to consolidate the stock photography assets it acquired from Web Media Brands.
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