.tv: Difference between revisions
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'''.tv''' is the country code top level domain name ([[ccTLD]]) assigned to the government of Tuvalu under the [[ISO]]-3166 list. The ccTLD is currently operated by .tv Corporation International, a subsidiary of [[Verisign]]. It is marketed as an open ccTLD since it can be used as abbreviation for television. Entities involved in animation, film and television, film industries including bloggers and website that providing video contents are the primary users of .tv ccTLD.<ref>[http://watch.tv/about-tv/index.html About .tv]</ref> | '''.tv''' is the country code top level domain name ([[ccTLD]]) assigned to the government of Tuvalu under the [[ISO]]-3166 list. The ccTLD is currently operated by .tv Corporation International, a subsidiary of [[Verisign]]. It is marketed as an open ccTLD since it can be used as abbreviation for television. Entities involved in animation, film and television, film industries including bloggers and website that providing video contents are the primary users of .tv ccTLD.<ref>[http://watch.tv/about-tv/index.html About .tv]</ref> | ||
== | ==Background== | ||
In 1998, the government of Tuvalu received proposals from [[Jason Chapnic]], a Canadian entrepreneur and president of Information.ca and [[Anton Van Couvering]], former president of [[NetNames]] and current CEO of [[Minds + Machines]] to make .tv ccTLD profitable. The Tuvalu government selected Chapnic's proposal because he offered many promises. At first, the price for .tv domain names was set at $1000 per year and $500 for renewals. Chapnic failed to deliver the $50 million upfront payment he promised to the Tuvalu government. In 1999, the Tuvalu government agreed to license .tv ccTLD to Idealab, a capital investment firm based in California that was brought in by Chapnic. Under the license agreement, Idealab (.tv Corporation International) agreed to pay $1 million per quarter adjustable for inflation to the Tuvalu government with a $50 million cap within 12 and a half years and 20 percent equity in the company.<ref>[http://www.hybriddomainer.com/2011/02/the-history-of-the-dot-tv-extension.html The history of the Dot Tv extension]</ref> | |||
[http://www.prnewswire.com/news-releases/verisign-acquires-the-tv-corporation-75291122.html VeriSign Acquires The .tv Corporation]</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.<ref> | |||
[http://www.hybriddomainer.com/2011/02/the-history-of-the-dot-tv-extension.html The history of the Dot Tv extension]</ref> | |||
==References== | ==References== | ||
Revision as of 00:51, 10 April 2012
 | |
| Status: | Active |
| country: | Tuvalu |
| Manager: | .tv Corporation International |
| Registry Provider: | Verisign |
| Date Implemented: | 1996 |
| Type: | open ccTLD |
| Community: | No |
More information: 
| |
.tv is the country code top level domain name (ccTLD) assigned to the government of Tuvalu under the ISO-3166 list. The ccTLD is currently operated by .tv Corporation International, a subsidiary of Verisign. It is marketed as an open ccTLD since it can be used as abbreviation for television. Entities involved in animation, film and television, film industries including bloggers and website that providing video contents are the primary users of .tv ccTLD.[1]
Background[edit | edit source]
In 1998, the government of Tuvalu received proposals from Jason Chapnic, a Canadian entrepreneur and president of Information.ca and Anton Van Couvering, former president of NetNames and current CEO of Minds + Machines to make .tv ccTLD profitable. The Tuvalu government selected Chapnic's proposal because he offered many promises. At first, the price for .tv domain names was set at $1000 per year and $500 for renewals. Chapnic failed to deliver the $50 million upfront payment he promised to the Tuvalu government. In 1999, the Tuvalu government agreed to license .tv ccTLD to Idealab, a capital investment firm based in California that was brought in by Chapnic. Under the license agreement, Idealab (.tv Corporation International) agreed to pay $1 million per quarter adjustable for inflation to the Tuvalu government with a $50 million cap within 12 and a half years and 20 percent equity in the company.[2]
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.[3] 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.[4]
References[edit | edit source]
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