Tea Party band members have announced they will sell their much-hyped Internet domain name, capitalizing on conservative US political movement of the same name.
With coverage in the likes of BusinessWeek, Time and The Guardian, pundits say teaparty.com might fetch $1 million or more.
The Ontario band has hired online domain-name brokerage Sedo, an acronym for Search Engine for Domain Offers.
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We were floored by the worldwide press and interest in our domain name teaparty.com that soon followed the initial story in BusinessWeek," Stuart Chatwood, the band's bass player, said in a statement.
"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."
The Tea Party — with its mix of rock, blues and global influences — formed in 1990 with singer Jeff Martin, drummer Jeff Burrows and bassist Stuart Chatwood. In 1993, the group had purchased the domain name.
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