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Here's the The Lowdown from DN Journal,
updated daily
to fill you in on the latest buzz going around the domain name industry. 

The Lowdown is compiled by DN Journal Editor & Publisher Ron Jackson.

Verisign Blows Up the .TV Business Model - Prices Slashed on Premium Domains and Renewal Fees Dropped to Standard Rates for New Registrants

Verisign, who operates the .TV registry dropped a bomb over night - but it was a smart bomb, one that should sow dividends rather than destruction for the registry, registrars and new .TV registrants (it may however be a different story for existing .TV "premium" registrants 

- something we'll address in a moment). As most of you know, .TV domains have been unique (in my opinion, in a bad way) in that terms the registry deemed to be "premium" names carried hefty price tags and far worse, those same prices had to be paid every year when the domains came up for renewal. 

That all changed after midnight last night for people who register premium .TV domains starting today (Macrh 19). For starters, Verisign slashed the prices for every "premium" domain in their inventory, a change that affected more than 22,000 names. You can download the entire list of repriced domains from this page at EnomCentral.com (click on the link titled "Download Premium .TV List" to the right of the Search box). 

I think of even more importance is the registry decision to stop charging inflated renewal prices year after year. Instead, anyone who registers a premium name from this point forward will pay just the standard renewal fee that their registrar charges for non-premium domain names. That makes the .TV proposition a much more compelling one for developers and  potential investors alike.

Now, I mentioned in the first paragraph that current holders of premium .TV domains may not be as cheerful about today's announcement as others because those who registered their names prior to March 19 not only paid a higher price but apparently will continue to be stuck paying that same high price over and over again at renewal time. I don't really see how that policy will be able to stand in the long run. Those early adopters should be rewarded with the same break at renewal time that the premium buyers who came long after them are getting now. 

Demand Media VP Chris Sheridan

I'll be surprised if Verisign doesn't extend equal treatment to those older registrants in the near future. Aside from that sticky wicket, I like Verisign's new direction with .TV and expect it to give the extension a nice boost.  

Chris Sheridan, a VP with Demand Media (the parent company of one of the biggest .tv registrars, eNom.tv) likes it too. He said "The updated pricing structure for .TV premium domains is a great response to the market.  We expect that significantly more customers will now enter the .TV market, and that existing .TV customers will add names to their portfolios.  As such, these changes mark an extremely positive and welcomed step in the right direction for the .TV community."

You can read more about eNom's take on the new .TV policy in a press release they put out soon after the news broke.

(Posted March 19, 2010)


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