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This corp has never owned the domain name, when the internet first got started a company in Canada registered it and used it for a while. Then they transferred it to me when they were no longer using it.
I know that it is valuable to the large corporation as it is the name of one of their major products. They own the domain names of ALL of their other products. This is the only product name that they don't own a domain of.
I have had some limited contact with the corporation but they have NEVER discussed the domain name in any of these emails. I run a non-commercial website and they support me with free products to raise contributions with.
I use the domain name in the operation of a large website. However, the website has two domain names and this trademarked domain name is used by less than 20% of the people that visit my website. So, I could sell the trademarked domain and not really hurt my main website (which enjoys a number one google rating in it's field).
I'm thinking I'd like to see what the market is for this domain name, the trademarked one, and it is a name that would be of great interest to many other companies besides the large corp. that owns the trademark.
I'd like some advice about what would be the best steps to proceed?
1. Should I contact the Corp that owns the trademark?
2. Should I hire a broker to contact the corp?
3. Should I put the domain up for sale without contacting the corp that owns the trademark?
Or, should I proceed some other way?
Thanks in advance for the advice.
joined:Dec 29, 2003
I vote for not doing anything, as the corporation can take your name away any time they want to; practically it's theirs. They'd be stupid to pay anything...
My website is a non-commercial Forum and it does drive sales to the corporation. I have over 1 million hits per month with nearly 10 million unique visits.
My website is 100% based on this corporation's product. And I have trademark disclosures on the site because of this.
As I said, the senior managers of the corp have limited email contact with me and have never even mentioned that I own the domain of one of their trademarks.
From reading here It seems that I should never contact the corporation about buying the domain.
PS. It is an international corporation with worldwide name recognition. Sales are probably in the $500 million a year range. They used to be owned by the CBS Corporation but are now privately owned by a group of managers.
One mitigating thought tho. If they've given you permission to use the domain, then they will probably not win a wipo action against you. Preferable an expressed permission, but implied permission might help. Get your documentation together.
I'm not a lawyer. You should consult a lawyer rather than take any of my observations as advice.