The Internet Corporation for Assigned Names and Numbers (ICANN) has reported increased revenues for 2010.

According to the organization’s annual report, the nonprofit domain name governance group generated $65.77 million over the 12-month period. This represented a significant increase over 2009 revenues of $60.23 million.

ICANN grew revenues from Internet registries to $31.91 million, up from $24.54 million in 2009, while $1.67 million was earned from country code Top Level Domains (ccTLDs), up from $1.57 million.

A further $236,000 was earned through the new fast-track ccTLD request process.

ICANN is responsible for managing Internet Protocol address spaces, and also assigning address blocks to regional Internet registries.

At its recent meeting in Silicon Valley, ICANN announced plans to complete the process for final approval of the New gTLD implementation program at an extraordinary meeting of its board in June.

ICANN reports increased revenues for 2010
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