September 19, 2011 21:47
The Tea Party band could sell web domain for over $1 million
Canadian band could strike it rich by flogging name of their official website
The band's bassist Stuart Chatwood said they wanted to sell their domain Teaparty.com as they believe sharing a name with US political movement supported by conservative figures such as Sarah Palin has damaged their reputation.
According to Business Week, the band's website is such a popular result when the phrase 'Tea Party' is used in a Google search that they could start a bidding war if they put it up for sale. Warren Adelman, the president of web hosting company GoDaddy.com, said: "If you look at the money being talked about this time around - campaigns raising $1 billion - it's easy to expect Teaparty.com to go for well over $1 million."
Chatwood claimed that the band had considered lending the site's name to a liberal figure such as comedian Jon Stewart so it could be used as a platform to "dispel some of the stuff that the Tea Party says", but admitted they could be forced to accept an offer from the highest bidder as "we've got families".
Speaking of their decision to give up the domain, meanwhile, he commented:
So much damage has been done to our name by the political movement that we're considering selling.
Last year, the Tea Party movement seemed to have found an unlikely supporter in the form of Velvet Underground drummer Moe Tucker after she was spotted on television footage of a rally staged by the anti-tax pressure group.
However, she later denied she was right wing and was merely voicing her opposition to President Obama's administration as a dissatistified Democrat voter.
The Tea Party originally split up in 2005 a year after releasing their final album 'Seven Circles', but reformed earlier this year.
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