.tv Demand Media Update & Clarifications

qdaly · May 2, 2007

Hi Everyone,

I just logged on and saw that there are some questions so I wanted to post some clarifications to help clear up any misunderstandings. I also wanted to share with you the press release that went out this AM about me.tv. And finally, give you a heads up that we are working on a re-cap of the first day of premium sales which I will share with this group as soon as it's final.

Okay, first, some clarification:
- Renewal Pricing: The price that is paid for a premium name is the same as the renewal price. So if you bought a name for $500, the renewal is $500. We are letting everyone know that this is subject to change, because we are not in control of this TLD. The price could be higher and the price could be lower. There is also the option to lock in the name at the set price for multiple years, but does require paying for it up front.
- Cost vs. Price: I also wanted to clarify this nuance because in my communications I have been telling folks that Verisign sets the "pricing". Well, to be clear, Verisign sets the cost and as a retailer, Demand Media/eNom can set the pricing. We believe that in order to drive sales, we need to keep as many premium names as possible at cost. So, in that regard, we are not setting the price, we are defaulting to the cost.

The ME.TV press release:
I don't think there is any new information, but just wanted to let the form know that it is out:
http://biz.yahoo.com/bw/070502/20070502005879.html?.v=1

I will plan to post updates on the premium sales tonight or first thing tomorrow. Please let me know if you have any questions.

Best, Quinn

Poohnix · May 7, 2007

Mark said:
The "Note" posted above about the renewal fees being the same as the buy now price ... Wasn't on the enom site on May 1st was it ? Several people tell me it was not and I didn't see it then either. gorlov - Did you see it on May 1st ?

I can't swear in a court exactly when it was, but it was there the first time I checked out the listing, which must have been some time in the evening Central European Time May 1.
I hadn't checked back since then, when I copied that note yesterday was the first time I went back there, but it looked as I remembered it from my first visit.

...

VisualArtistFrankBonilla · May 7, 2007

cybertonic said:
It's not because it's a very well funded company you must be afraid and you need to say "Amen" to any of their unfair practices.
What is not legal is not legal for anyone.
I continue saying that renewal price must be clearly specified and more when the amount is not usual.

Frank you written:

"I don't think they are really worried about us "peon" domainers..."

Then why they purchased to Ron the last cover of DNJournal.com if their intention was not to reach the domainer community and launch their March 1 Premium domain sales?

No, no, ... they prepared very well their premium sale and domainers was one of their main target.

Cybertonic, you may very well be right also.

Frank

Broker · May 7, 2007

Unbelieveable, I post my opinion on the matter which was "DEAD ACCURATE" and my post gets deleted. Probably due to the word scam within it. Well lets try a different word. Is sham a little better?

How much hard work, how much physical labor, how much paper work or typing or filing or how about time? Goes into justifying and figuring out these rediculous renewal fee prices?

I'd say it again but it would probably get deleted and with this here, I've said enough anyway.

TheBulldog · May 7, 2007

Ok, it seems that there are two questions left open......

1) What is the renewal pricing policy?
A) Same as Premium Fee +/- 10-15% possible
B) No answer B, this has been asked and answered many times.
2) Who actually sets the Price?
A) Enom says Verisign
B) Verisign says Enom and Demand Media
I don't think it matters, but the answer to this will tell you who to hound for other questions.

And finally, Cyber, we can't give you a refund. If you don't like the terms, get a lawyer, or contact enom to ask about getting your money back. For the rest of you, this really is just kind of pointless bitching. If you really want to get some answers, appoint someone as a liason between us and enom/demand. That person gets to take the list of complaints/questions to someone over there.

I know Quin is here and has been helpful, but since you all beat the snot out of her when she gives answers you don't like, I doubt she is going to keep coming around that much.

equity78 · May 7, 2007

First off Cyber, Renewals on premiums have always been what the REG fee was, unless there was a deal like in OCT to DEC 06 where you got 70 % to REG and 50% off on renewals so a domain that was $1000 a year you got for $300 and $500 renewals after.

TO the scam, sham whatever looking for justification. If I own a corp like Verisign owns .tv I can charge whatever I like, I don't have to justify and you don't have to buy so that rhetoric is getting old.

Pricing subject to change sucks IMO does it need to be quantified? Yes IMO

AND lastly Cyber RON JACKSON does not get paid to write an interview so you are way off there.

start me up · May 7, 2007

No one "owns" domain names, you simply lease the usage of it from the registry. How is this any different than leasing a house or apartment? If you sign a one-year lease at $1000 a month, what's to say the landlord won't make it $1500 a month the next year? There are exceptions in some cities where they have rent control, but you get the idea.

This is the first TLD where the name dictates the price. But wasn't that always the case with auctions? The difference is Demand Media is valuing the domain up front rather than the marketplace through an auction. I guess ultimately the marketplace will determine .tv value -- if people don't think a name is worth $10000 it might well drop in price.

The big difference seems to be .tv is not a park-and-speculate game, it's about development. What's wrong with that?

Dr. Mindwrecker · May 7, 2007

start me up said:
The big difference seems to be .tv is not a park-and-speculate game, it's about development. What's wrong with that?

This is why I was trying to tell people to relax and understand the .TV game. This is a "development game" plain and simple, which is why "Hardcore Domainers" have been so critical of .TV, because they cant buy a name for $100 and resell it for $200,000.

I personally like what Demand is doing, because it protects against the names being parked.

Could this be why the great domainers have been so critical of .TV???

think · May 7, 2007

MINDWRECKER.TV said:
This is why I was trying to tell people to relax and understand the .TV game. This is a "development game" plain and simple, which is why "Hardcore Domainers" have been so critical of .TV, because they cant buy a name for $100 and resell it for $200,000.

I personally like what Demand is doing, because it protects against the names being parked.

Could this be why the great domainers have been so critical of .TV???

I'm curious. Do you have any money invested in premium TV names?

cybertonic · May 7, 2007

equity78 said:
First off Cyber, Renewals on premiums have always been what the REG fee was, unless there was a deal like in OCT to DEC 06 where you got 70 % to REG and 50% off on renewals so a domain that was $1000 a year you got for $300 and $500 renewals after.

When you register a domain the acquisition cost is never over $50 as the renewal (.com, .mobi, .info, ...)
So let me say it's not usual the way the dot TV works.
One can be very surprised, and it's what happen to me (and few ones that already asked me if I can help them get refunded from their May 1th purchase).
This is why ENOM should clearly inform that this extension is very special and tell about the renewal cost.
He didn't. So now it's normal some people want to cancel their purchase and get refunded and/or complaint in forums.

equity78 said:
TO the scam, sham whatever looking for justification. If I own a corp like Verisign owns .tv I can charge whatever I like, I don't have to justify and you don't have to buy so that rhetoric is getting old.

Exact, they can charge what they want to new owners but INFORM THEM and BE CLEAR.

equity78 said:
AND lastly Cyber RON JACKSON does not get paid to write an interview so you are way off there.

Possible, I will ask Ron for confirmation.
But it's so strange that Ron just write about NameMedia when they are launching their premium domain sales.
He may have spoken about them before or after this event.
Anyway it's not a shame for Ron to get paid for write articles.

Ron Jackson · May 7, 2007

cybertonic said:
Then why they purchased to Ron the last cover of DNJournal.com if their intention was not to reach the domainer community and launch their March 1 Premium domain sales?

Come on Francois. You should know better than that. We never have and never will accept payment for writing an article about anyone or anything. Enom is not even a DNJournal advertiser, so they have never spent a penny on anything at DNJournal.

cybertonic · May 7, 2007

Hello Duke,

Thanks for the clarification.
Annyway there is no shame to write an article for a sponsor while what you are written it's true.
And I think that's the case.

smashfactory · May 7, 2007

cybertonic i am still lost as to why you are so surprised. before they went up for sale you asked in a thread:

Before I do some mistakes!
When a premium domain cost for example $15,000
This is the acquisition price, exact?
This is not the renewal cost that should be simply the same as any dot TV name, exact?

and you got the answer:

Yes it is the price...and every year you need to pay $15,000 to renew the name.
Aquistion price - $15,000
Renewal Price - $15,000
You would have done one BIG mistake if you dint know this...

Premiums have a premium renewal if you reg it for $10,000 it will have a $10,000 renewal price

and you said:

Thanks a lot! - What a stupid but so good question I asked...
This definitively stopped my interest.
My idea was do some domain investment like I do with the dot com, plus also buy some premiums for resell within the next months.
But this change ALL!

and yet, you bought premiums anyway, and now claim you knew nothing- what is going on here?????????

cybertonic · May 7, 2007

SmashFactory read above, I already responded to this.

equity78 · May 7, 2007

First off Cyber when you sign in to ENOM just sign in you agree to their terms and there will not be a refund.

And again stop tarnishing Ron Jackson and Dn Journal with your implications of publishing impropriety

TO MW I was talking about dev long before you came here but it is not for anyone Verisign or anyone else to tell someone we don't want you to park a domain. Secondly the two biggest .tv domainers by FARRRRRRRRRRRRRRR IGAL and ELEQUA will only park their domains. DOMAINS LIKE :

xxx
sexy
1
travel purchased for $65,000
Mail purchased for $35,000
KIDS.tv purchased for $10,100
MP3
and 1000 more

cybertonic · May 7, 2007

equity78 said:
First off Cyber when you sign in to ENOM just sign in you agree to their terms and there will not be a refund.

And again stop tarnishing Ron Jackson and Dn Journal with your implications of publishing impropriety

I do not have nothing again Ron nor I am doing critics, and he knows.
Probably the person I appreciate the most in this sector.
The one that responded to my first domaining question was Ron.
The first place I advertised my domain service was DNJournal.com
And the best and by far more interesting publication about domaining is DNJournal.com

The big problem is after so many years working around a theme the geeks think everybody know like them. That's not the case!
When you speak about dot TV Premium you need to remember it's a SPECIAL EXTENSION and explain why.
This way newbies like me or others will not make errors thinking it's another extension for domain investors.

equity78 said:
TO MW I was talking about dev long before you came here but it is not for anyone Verisign or anyone else to tell someone we don't want you to park a domain. Secondly the two biggest .tv domainers by FARRRRRRRRRRRRRRR IGAL and ELEQUA will only park their domains. DOMAINS LIKE :

xxx
sexy
1
travel purchased for $65,000
Mail purchased for $35,000
KIDS.tv purchased for $10,100
MP3
and 1000 more

I do not understand what you want to explain here.

By the way why this "IGAL" sounds me ?

VisualArtistFrankBonilla · May 7, 2007

Geez!

I can't believe anybody, even someone into developing domains, thinks paying $10,000 or more annually for a domain is ok. Am I missing something here? Are you guys rich or what? How could you be ok with this? Blows my mind. Of couse , IMHO

Frank

equity78 · May 7, 2007

I do not understand what you want to explain here.

By the way why this "IGAL" sounds me ?

Was not talking to you contrary to popular belief everything in this thread is not about you I was talking ot MW about parking domains

Broker · May 7, 2007

equity78 said:
TO the scam, sham whatever looking for justification. If I own a corp like Verisign owns .tv I can charge whatever I like, I don't have to justify and you don't have to buy so that rhetoric is getting old.

You certainly could as they have done. I call it price gouging and see it as a danger sign for all of us domainers. If your o.k with paying $50 or $100,000 for a domain name and then pay that same fee each year for a renewal (so much work involved in that it's definitley worth it -NOT) then good for you.

I apologize for seeming so full of hatred, but this extreme greed and probably somewhere along the lines of illegal business practices behavior, just pisses me off to no end. I would looooooooovvvvvvvvvvveeee to see everyone demand a full refund and tell verisign, enom and DM where to go.

But thats unlikely and of course I hope those of you who have paid such rediculous prices realize unless you do have an incredible biz plan to go along with your high dollar premium's, chances for reselling are not good at all due to just the renewal fee's alone.

Good luck

VisualArtistFrankBonilla · May 7, 2007

HasRob said:
You certainly could as they have done. I call it price gouging and see it as a danger sign for all of us domainers. If your o.k with paying $50 or $100,000 for a domain name and then pay that same fee each year for a renewal (so much work involved in that it's definitley worth it -NOT) then good for you.

I apologize for seeming so full of hatred, but this extreme greed and probably somewhere along the lines of illegal business practices behavior, just pisses me off to no end. I would looooooooovvvvvvvvvvveeee to see everyone demand a full refund and tell verisign, enom and DM where to go.

But thats unlikely and of course I hope those of you who have paid such rediculous prices realize unless you do have an incredible biz plan to go along with your high dollar premium's, chances for reselling are not good at all due to just the renewal fee's alone.

Good luck

Ditto! Your last sentence says it all! Good luck!

Frank

equity78 · May 7, 2007

I don't think anyone wants to see high Reg fees or renewals ROB, but everyone here has known that premiums come at a higher fee that's not new no matter what Cybertonic wants to imply. I have always thought the renewal fees were ridiculous I have spoken to Verisign in the past about this, their reply was if you don't like it don't reg it.

And like Antonis said I think most people are in the $500 to $1,000 range. I have .tv that make $2400 a year in ppc parking. So for $500 that is ok then.

There is a disconnect because the other premiums before May 1 do not have renewal prices subject to change so it is a bunch of non sense Verisign needs to fix for registrants and the extension overall IMO

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