The Tea Party, Canadian band, sell teaparty.com to Tea Party, wacky Americans for millions of dollar

20.09.11

Now the Tea Party is most famously an anti-political movement of the American heartland, but until a few years ago it was a middle-eastern fusion band from Canada, who registered the URL teaparty.com in 1995, long before the rise of the anti-government movement fronted by Sarah Palin.

Today, the once innocuous Teaparty.com is one of the most valuable pieces of internet real estate, with industry insiders claiming “it’s easy to expect teaparty.com to go for well over $1 million.”

URLs are huge business: effectively prime retail locations, an address like Sex.com or Business.com trade hands for eight-figure sums. In other URL-related news, the websites of hip media giant Vice, Viceland.com and VBS.com, consolidated into Vice.com.