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.
"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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