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On December 31, 2001, Verisign acquired .tv Corporation International. Under the purchase transaction, Verisign paid $45 million in cash plus $1 million contribution on the first quarter of 2001. Verisign will also pay around $7-10 million in deferred revenue..tv Corporation International will continue to serve as the country manager/delegee of the government of Tuvalu for .tv strings.<ref>
 
On December 31, 2001, Verisign acquired .tv Corporation International. Under the purchase transaction, Verisign paid $45 million in cash plus $1 million contribution on the first quarter of 2001. Verisign will also pay around $7-10 million in deferred revenue..tv Corporation International will continue to serve as the country manager/delegee of the government of Tuvalu for .tv strings.<ref>
 
[http://www.prnewswire.com/news-releases/verisign-acquires-the-tv-corporation-75291122.html VeriSign Acquires The .tv Corporation]</ref> Tuvalu gained $10 million on the transaction. Verisign entered a new license contract with Tuvalu for 15 years and agreed to pay the government $2.2 million per year plus 5 percent on all revenue on top of $20 million sales per year until the expiration of the contract on December 31, 2016. Verisign offered registrations for .tv domain names for $50 for a minimum of two years contract. <ref>
 
[http://www.prnewswire.com/news-releases/verisign-acquires-the-tv-corporation-75291122.html VeriSign Acquires The .tv Corporation]</ref> Tuvalu gained $10 million on the transaction. Verisign entered a new license contract with Tuvalu for 15 years and agreed to pay the government $2.2 million per year plus 5 percent on all revenue on top of $20 million sales per year until the expiration of the contract on December 31, 2016. Verisign offered registrations for .tv domain names for $50 for a minimum of two years contract. <ref>
[http://www.hybriddomainer.com/2011/02/the-history-of-the-dot-tv-extension.html The history of the Dot Tv extension]</ref>
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[http://www.hybriddomainer.com/2011/02/the-history-of-the-dot-tv-extension.html The history of the Dot Tv extension]</ref> Verisign to pay additional $1 million per year to Tuvalu with a condition that it will continue to serve as the registry operator of the domain name. Tuvalu turn down the offer.
    
In 2006, Verisign partnered with [[Demand Media]] to market the .tv domain space as the best choice for rich media content websites.<ref>
 
In 2006, Verisign partnered with [[Demand Media]] to market the .tv domain space as the best choice for rich media content websites.<ref>
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