Value is created by private equity buyouts through operational improvements.
The domain business of .org is run by Afilias, they pay about $2 per year for a domain. That is a extremely low price and it would be very difficult to manage to get a lower price anywhere. In fact Afilias might not be motivated to continue with such a generous price if they are a for profit registry now.
In reality value is created by private equity buyouts through an aggressive use of debt, which provides financing and tax advantages and freedom from restrictive regulations.