Media Options Acquires MJ.com
Andrew Rosener and his Media Options domain brokerage have been active in the domain name marketplace, and the company has been particularly active in the market for short domain names. Yesterday morning, I learned that Rosener’s company has acquired the two letter MJ.com domain name for an undisclosed price.
Media Options publicly disclosed the acquisition on its Twitter feed this afternoon:
— MediaOptions.com (@MediaOptions) June 3, 2015
MJ.com is obviously a valuable domain name, and my guess would be a high six figure acquisiton. According to my email records, MJ.com was offered for sale via domain broker newsletter for $450,000 back in April of 2012. Due to the Whois privacy that has been enabled on this domain name, I am not sure if it was sold back then. Short domain names like this one have gone up in value since 2012 though, so my gut says the price was more than its 2012 price, but that is more of a guess.
Media Options has had quite good luck with two letter .com domain names in the past. The company recently brokered the sale of EO.com for an undisclosed amount shortly after listing it for sale. In a tweet announcing the deal, the company said, “MediaOptions has now bought, sold & traded almost 30 #LL.com domains!” Looks like there is now one more on that list. It does not seem like this one was bought to re-sell though.
Congratulations to Media Options on the acquisiton.
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