I was never given any option to renew my domains for any length of time when I purchased my PREMIUM TV. The lack of mutli-year renewals is at the heart of this discussion. From the largest of domain investors like Frank Schilling , to many mid cap investors like myself we have tried to explain this is the hang up that could kill the 4th relaunch of Dot TV.
There is no way I will purchase a high dollar ($5,000 plus) premium domain with premium renewals on it without a way to renew domains when I want to and for as long as I want to without having to find an email address or phone number for support to try and renew my name.
Yes, I already have 6 PREMIUMS and will work with Demand Media to protect my investment and develop these properties But as for further purchases you lost me. I'm out.
EDIT: I've added these comments from Frank Schilling's blog which I think is an ends all statement to this discussion at least in my eyes:
" Note to the registry operator: This may seem obvious, but the reason .com secondary market prices are robust is 'because' renewals are predictable. You can't sell Books.tv for $10,000 and charge exorbitant renewals. Only suckers buy into that. .TV tried exorbitant prices and renewals the first time around and managed to ensnare a few suckers and little else. This time around people need to know where they stand. Publish your renewal costs prominently and keep them consistent well into the future, 'that' is how to build a great namespace. If you want to bring incremental revenue, apply some nominal transfer tax when names change owners but without equitable consistent renewals your namespace will never reach its full potential. JMO "
Link to Mr. Schilling's blog:
http://frankschilling.typepad.com/ 
