Dictionary.com sells for $100 Million

[Lucky_Luke]

“Dictionary.com’s success is built on its unique, descriptive domain name and simple, straightforward interface,” explained Bruce D. Smith, Chief Strategic Officer of Answers.com. The sale involves three built out domain names, Dictionary.com, Reference.com, and Thesaurus.com. These properties attracted 11.5 million unique monthly users in the U.S. during the month of June 2007 according to comScore. They generated revenues of $7 million, EBITDA of $2.9 million and net income of $2.8 million in 2006. Buying these three domains is a huge victory for Answers.com..."
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