TOP NEWS Expands in Europe

Los Angeles-based is planning a European expansion, the firm said this week, saying its DomainSponsor domain monetization division is planning to establish operations in Europe during the first quarter of 2010. According to, it has name Joerg Schnermann as General Manager of DomainSponsor Europe as part of the move, and also hired two other executives to cover the area. Schnermann was previously COO of, and has also served at BASF AG and Commerzbank AG. The firm said that the European market is considered to be the fastest growing sector in the global domain space. DomainSponsor serves up advertising to "parked" domain names, and is used by domain name owners to earn advertising revenues from their domain name portfolios.