Sunday, October 16, 2011

The Tea Party: Canadian band to auction domain name

From hash to hard cash, Canadian band The Tea Party are about to pull in some major dollars.

Influenced by constant requests to sell it, based on the formation and development of a U.S. political party of the same name, the band - named after the infamous hash sessions of famous Beat generation poets Allen Ginsberg, Jack Kerouac and William Burroughs - is putting their domain name, TeaParty.com, up for sale.

The Canadian rockers had an original 15-year run, from 1990 to 2005, and then called it quits over creative differences. Sonic comparisons of a hybrid between Led Zeppelin and The Doors constantly followed the group, with lead singer Jeff Martin’s vocals a virtual dead-ringer for the late Jim Morrison. The Tea Party reunited this year for a series of dates, and seem to have plans to stick around for a while.

The band’s website was initially developed in the '90s to educate fans about upcoming tour dates and other details about the group. Over two decades years later, as the United States heads into the 2012 elections, the domain has gained significant relevance, and has already generated substantial interest from a wide range of political groups. The band has also received considerable international interest and garnered press coverage from the likes of Businessweek, Time and The Guardian on pure speculation that they were thinking of entertaining offers for the domain name.

"We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in Businessweek,” said bassist Stuart Chatwood. “After being overwhelmed by the multiple offers that were arriving daily, we thought it was prudent to seek out the best brokerage to help represent the band, and Sedo was the clear choice."

The U.S. political party currently uses theteaparty.net as their home.

Sedo, an acronym for "Search Engine for Domain Offers," which bills itself as the leading online domain marketplace and monetization provider, has announced that TeaParty.com will be listed exclusively for sale at Sedo.

“It's very rare when a domain name of this value and significance becomes available - especially one that is so timely and relevant," said Kathy Nielsen, director of sales at Sedo. "With the election season right around the corner, TeaParty.com provides the right investor with very significant marketing and revenue opportunities very few domain names can offer today. We are very pleased to be chosen as the exclusive brokerage firm to represent this domain sale."

Parties interested in buying TeaParty.com domain should contact Sedo at consult@sedo.com.

Music fans interested in learning more about the band can check out their website (while it lasts) here, their Facebook page here, Twitter here, and their YouTube channel here.

As for the Canadian group, the Businessweek article speculates the domain might go for $1 million or more...

...can you say “CHA-CHING!!!”

The Tea Party The Tea Party

The Tea Party – Save Me (1993)


The Tea Party – Temptation (1997)