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Breaking: NBC Transfers Women.com to Done! Ventures in Lawsuit Settlement

September 19, 2011benjamin padnos, Domaining, Domainnamewire, done ventures, nbc universal, Policy & Law, women.comComments Off on Breaking: NBC Transfers Women.com to Done! Ventures in Lawsuit Settlement

Busted seven figure domain name deal comes to resolution.

It looks like the end result of a legal battle over Women.com has ended with the transfer of the domain name to Done! Ventures.

Done! Ventures thought it had a deal to purchase Women.com and Women.net from NBC Universal for $1 million last year. But then NBC allegedly backed out when its then President & CEO Jeff Zucker apparently vetoed the deal.

Done sued NBC to get it to go through with the sale. It later sued domain name broker Sedo for $10 million for allegedly failing to enforce the deal.

Right as depositions in the lawsuit were to begin, the two parties struck a settlement.

Although the terms of the settlement haven’t been released, the domain names just transferred to Done! Ventures’ founder Benjamin Padnos today.

NBC acquired the domain names when it bought iVillage.com.


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Related posts:

  1. DONE! Ventures Reaches Settlement with NBC and Sedo Over Women.com
  2. Depositions Begin in Women.com Case with Sedo and NBC Universal
  3. DONE! Ventures Sues NBC Universal Over Failed Women.com Deal at Sedo