Media Options Brokers the Sale of Paragon.com
Yesterday morning on Twitter, Jamie Zoch mentioned that Paragon.com was acquured by a company called Epic Games:
— Jamie Zoch (@yofie) July 1, 2016
I recognized the domain name because I had previously seen it marketed by Andrew Rosener’s Media Options. I looked through my email archive, and I see that Paragon.com was listed for sale via the weekly Media Options domain sales newsletter in September of 2015. The domain name had an asking price of $299,000. This was a significant reduction from when it was offered for $500,000 in April of 2015, also in the Media Options newsletter.
After seeing Jamie’s tweet yesterday, I reached out to Andrew Rosener to ask if his company was responsible for brokering the sale of the domain name. Andrew confirmed that his company “[s]old it on behalf of Textron directly to the Chinese gaming company owned by TenCent.” Andrew would not share the sale price or anything about the price range for this domain name.
In my opinion, it is very possible that this domain name sold for more than it’s offering price last year, especially if the buyer reached out to acquire the domain name privately. I really have no idea though.
Paragon.com is a great domain name, and I am sure the buyer will get its money’s worth with this asset.
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