Over last weekend the super premium one letter .TV domain name G.TV was suppose to drop as the former owner failed to renew it.
However instead of dropping the domain for what would have been a one time payment of $4,750, the domain name was taken back by the .TV registry and not allowed to drop.
Verisign owns the .TV registry.
We chatted with the .TV Registry who informed TheDomains.com that they now have implemented a policy that will intercept any one character .TV domain from dropping ever again.
Instead the .TV registry intends to reclaim any single character domain from ever dropping and putting any of them, like G.tv into the registry reserved status.
While the .TV Registry was quick to tell us they have reserved every one character .TV domain that will ever drop, what they will do with those domains is far from certain.
The .TV Registry did not disclose if or how they plan to sell these single character domain names.
As the Registry, they are well within their rights to not allow these domains to drop and to take them back and put them into reserved status, but it certainly will shrink the available pool of 1 character domains and therefore make those single character .TV domains currently held by domainers much more valuable.
If you ever on Jeopardy and are asked what was the last single character .TV domain that was allowed to drop, the answer would be 9.TV which dropped and was picked up for a one time renewal fee in early May.
Hey Verisign this was cold and hope one day money is exchanged hands and domainers will take you to court. You change contract when ever you feel like it and don’t even announce changes.
Your greed and unethical practices are becoming more clear. On top of next 5 years with renewals
@mhb your sitting very well sir and your value shot up over 1 million. If one letter .co are demanding 1.5, hold yours! Congratulations. Winner winner chicken dinner.
@mhb
If you had to pick between G.co vs G.tv which would you pick and what would the price demand be on each. Curious what you think.
The .US registry is doing the same with NNN.us domains and other domains that fall within the restricted & reserved names category.
clearly, the most valuable 1 character .TV is i.TV that Apple could buy for $5M+
who own it?
G.TV = Google TV ?
Sounds to me like .CO is taking all these registries back to school.
Earlier this week, Microsoft registered a bunch of domain names, including AppYourSites.com, AppYourSites.net, AppYourSites.info (yes, also an .info!)
techcrunch.com/2011/06/03/microsoft-wants-to-app-your-sites/
Michael turned down $125,000 for D.tv, and I believe he might even get 1 Million for D.tv someday. .TV is very hot, lot’s of big sales, and I just did one myself for a 4000% ROI which was a NDA. I think Verisign is starting to take notice on these big sales in .tv that is why they took G.tv back. Thankgod, they didn’t start doing this 6 months ago, and for those who bought top quality .tv names that are non-premium, the future is very bright!!!!
Yep, this is where I read it first — wow, time flies. So if Michael “turned down $125,000 for D.tv” several years ago, I wonder how much he sold it for ? $1million+???
Not many sales in .tv – my guess is under $50K
“.TV is very hot”
true, I like this TLD much more than .CO
@jim awesome. Congratulations
As jay z says onto the next one
New money rolling inn each day. Big ballers. Real money.
To the doubters of .tv – you can go fuck yourself
Just FYI google search engines rank these .TV domains number one.
GRILLIN.TV
NITRO.TV
WEBDOG.TV
HOTROD.TV
BIGDOG.TV
“domains number one”
very strange names
Hey Mike,
Your decision to reject 125K for D.TV was absolutely Brilliant!
Thx for coming in and sharing your reasoning behind it. You really did not need to do that but that just shows how cool/transparent, and helpful you are.
That decisision will most likely net you your best ever ROI, IMHO.
Please let us know when that Monster Sale does happen.
I’ll bet you $20 it will be your biggest ROI on a domain this year, and possibly…EVER!
I have been investing in Dot TV Domains for about 4 years now, and I have never had as much action on my names as I have these past coupla months. Uniques are up, Clicks are up, Offers are up, and last but not least, Sales are up!
I am getting an average of 1 offer a day on my dot tv’s alone. A year or so ago, there were times when I may not have received an offer for a couple of weeks.
Not Huge news, but last night as I was sitting at a concert in Chicago, I checked my droid for my email, and accepted an offer on a first name in dot tv. It was a hand-reg and I sold it for $400…so that was a 4000% ROI!!! Like I said it is not huge news but sales like that for me are VERY commonplace now.
If you keep up with the sales trends of the past couple months in dot tv, you would see that mid $x,xxx sales are happening way too often now. $xx,xxx dot tv sales are also up now.
As for Verisigns decision to hold back this “gold” (1 character domains) To me that is awesome news! Verisign has finally taken notice to this freight train running and to its true fast paced value.
It leads me to assume, that in some time shortly they may do the same with 2 character Dot TV domains, or especially LL.TV domains, since that Snapnames auction where the average price was about mid $xxx and now those are selling for mid $x,xxx and up to $xx,xxx range…and that was only a coupla months ago!!!
As I look into my crystal ball, I see that Premium LLL Dot TV’s may be held back within a year or so…LOL.TV!
Im pretty excited about the future of dot tv, and I am doing everything in my power to create a very powerful dot tv portfolio, because there are still some outrageous deals out there if you just look.
I think this news is awesome for the future of Dot TV!
PS
Check out my Dot TV Auction if you get a chance.
Thx,
Vito
FWIW, we turned down $45,000 for 5D dot TV this afternoon – the buyer was a Fortune 100 company. They’ll be back…
Huge
Nice
Huge,
That was an awesome offer and I wish you the very best in a future sale with that gem.
I myself had a real nice dot tv sale recently with an Alexa Rated Top 100 Company. Unfortunately it was an NDA sale so…but I guarantee it will become a live site one day soon – God I wish I could write more especially since it was a verifiable Monster End User as opposed to a D2D sale, but I gave my word…
Things are really looking up for dot tv.
Oh btw Huge, If you want to buy HUGE.tv send me an email
@Huge,
Thank you for reporting this bit of news. I don’t blame you for turning down that offer – if a one character .tv is worth $1.5 million or more, then a good looking two-character (like yours) is worth a minimum of $150,000. Good luck, but unless you need the money, I’d hang on to it for a few more years.
Had my biggest sale in .tv last week and top sale beating out my .com investments
Money flow and momentum in .tv for the investors
@Huge News,
Don’t sell that gem for less than $100K – in ten years it may be worth x,xxx,xxx, so be patient.
Must agree with EBJ,, hold it for a while – 5D entertainment is def coming.
Heard it on AM radio ;;; wow, just wow. Buying me some more .tv’s!
That’s funny: I heard the ad too, after the noon news break on Rush Limbaugh. Why would cnn advertise there? Anyway, cool news for .tv owners.
I wonder how long for my blonde,bikinis and samples to come good ?
Was contacted twice today by a top 10 french corp for a two character .tv we hold. I pitched an ask $90K+. Will report here first if the sale goes through – they didn’t counter, but said they had to consult with the CEO.
wading through the icann approved domain name bureaucracy, one might get the impression that only registrars and non-registrar domainers can buy and sell domains. clearly registries are the game too. they don’t just make money through their approved registrars. they can sell direct to the consumer.
too bad this process is not more transparent.
i have my doubts about many of the cctlds. many of them are backed by silly hype. but .tv is not one of them. video is just too big of a deal. it’s no coincidence vrsn controls .tv. they are very well-informed domainers. they know the potential.
Read the last paragraph:
http://seekingalpha.com/article/322517-verisign-management-discusses-q4-2011-results-earnings-call-transcript
@Breaking,
This is indeed big news. Nice catch.
@MHB,
I couldn’t find on Verisign’s site as to how long the .TV contract was extended. Can you find out? Also, you should write an article on this as an extension of 10 more years will greatly increase the use and value of strong keyword .tv domains.
Gene
I wrote to Pat Kane right after the earnings call on that and didn’t get a response
Tried someone else at Verisign last week
“what was the last single character .TV domain that was allowed to drop, the answer would be 9.TV which dropped and was picked up for a one time renewal fee”
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What if the NEW.DNS does not have a Registry or even the concept ?
What if people interested in .TV domains participate as peers ? freely trading, dropping, etc. ?
You can now (Circa 2012) use such a system, read the open source software and participate in launching the NEW .TV DNS.
Don’t bring your VISA card or American Express. .TV will have its own currency just like .XXX (promised)