Tweeter.com Auction Pushed Back
Neustar Domain Names

Tweeter.com Auction Pushed Back

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TweeterI received word this afternoon that the auction for the Tweeter.com domain name and related assets has been pushed back. The new auction date has not been set by Hilco Streambank, the company running the auction on behalf of the domain owner, a lender to Tweeter.

According to Hilco Streambank’s David Peress, “There has been significant interest in the assets with several potential buyers expressing the need for more time. We are going to accommodate them. We’ll set a new auction date soon.”

If you aren’t aware, the Tweeter.com domain name became available as a result of the bankruptcy of a music store called Tweeter, which was founded in 1972. The company employed hundreds of people, and it operated somewhere between 50-100 stores throughout the country. Tweeter was once a very popular music chain, especially in New England (where it was founded), although its bankruptcy and closing left many customers and employees angry.

Once the company has announced the date of the auction, I will share the details.

Tweeter photo courtesy of Paull Young via Flickr.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (10)

    M.G.

    I doubt it. Time will tell…

    May 21st, 2013 at 3:03 pm

      Elliot Silver

      As far as I am aware, it was sort of a last minute addition to this particular Hilco auction. I assume it’s probably because there was considerable interest in domain names generated from the Bargain.com and ETM.com auctions. However, I also assume companies will need to perform due diligence before making a bid on Tweeter.com. This, of course, assumes some bidders aren’t in the domain space but are in the music space.

      May 21st, 2013 at 3:05 pm

    WQ

    How do you figure there is “considerable interest” in Bargain and ETM?

    I think it’s just the opposite.

    Hilco’s system is a pain in the ass to deal with including the registration process. It’s not a very user friendly setup. This could be why there is not so many bidders as well as the deposit that has to be made (which I don’t mind).

    May 21st, 2013 at 4:16 pm

      Elliot Silver

      Considerable interest as in people in the domain business know about the auction and there’s interest. Not necessarily lots of bids.

      I was already outbid on ETM.com though.

      May 21st, 2013 at 4:19 pm

    WQ

    >>I was already outbid on ETM.com though.

    Same here.

    May 21st, 2013 at 10:25 pm

    Tony

    What’s Bargain.com at currently?

    May 22nd, 2013 at 8:44 am

      David

      @Tony – sold for 150K

      May 22nd, 2013 at 6:33 pm

      Tony

      Thanks, David.

      Agree with WQ. It was a steal at that price. I just wished I had that kind of spare change lying around…

      May 22nd, 2013 at 10:42 pm

    WQ

    150K is a bargain. High traffic domain.

    I used to own the typo that went with it. Lotsa traffic.

    May 22nd, 2013 at 8:28 pm

    Steve

    I believe I was the 1st registrant of Bargin.com; back in the “could buy domains only from Network Solutions” days.

    When I realized a few days later that I’d made a mistake in the spelling (and Bargain.com was already long gone), NSI was nice enough to refund me the expensive reg fee (around $100 for two years, if I recall correctly).

    Ooops!

    May 24th, 2013 at 6:59 pm

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