RT.tv sold for $62,500.

johntv · 02-09-2009, 12:34 PM

After long negotiations I sold rt.tv to Russia Today. The funds actually came from the Russian financial department as this company is state owned. The agreement was signed by no less then 10 people and covered 5 pages, although there was no NDA.

The strange thing was that they didn't want any escrow as according to them that was not allowed by Russian law, so they transfered the funds straight in my account before I transfered the name.

I emailed dnjournal as this can give some extra attention to .tv.

The price I negotiated was $62,500, although I have the feeling it could have been higher if Russia Today was a private company and not state owned.

mckennaronnie · 02-09-2009, 12:39 PM

Brilliant John!!!

Fantastic sale, i'm very pleased for you.
And managing to get through it with no NDA was an extra bonus.

Jimbojimbo · 02-09-2009, 12:39 PM

Incredible sale - and enough to shut the mouths of fools who've been losing interest.

Congrats on keeping the faith. You deserve this for all your efforts.

And no NDA!!!

***EG.domains*** · 02-09-2009, 12:43 PM

Awesome sale John ... Congrats

In the same time PZ.com auction ended @ $61,000 on Sedo today!

discovernow · 02-09-2009, 12:45 PM

John,

When you sold that name for $62,500 dollars it felt like all the .tv crowd sold that name for $62,500. Because it's NOT a NDA that just justifies why we are so excited about tv, and now many others will know why. It's like being a proud "parent". I think we should all open the "champaign" tonight and give a big host to John!!!

I am going out to celebrate tonight this sale you did!!! An old college friend is in town so it's perfect excuse to "toast" the bar on .tv!!!

I had lunch with Ron Jackson of Dnjournal 2 weeks ago and I told him our day in.tv will make big news on DNjournal.com some day and now it's come.
????: NamePros.com http://www.namepros.com/dot-tv/558050-rt-tv-sold-for-62-500-a.html

Thanks, Jim

StoneRoses · 02-09-2009, 12:47 PM

Originally Posted by EG.domains

Awesome sale John ... Congrats

????: NamePros.com http://www.namepros.com/showthread.php?t=558050

In the same time PZ.com auction ended @ $61,000 on Sedo today!

LL.TV sale beats LL.com sale.

Oh how times are a changing.

Congrats again John!!!.

mckennaronnie · 02-09-2009, 12:47 PM

Originally Posted by discovernow

John,
????: NamePros.com http://www.namepros.com/showthread.php?t=558050

When you sold that name for $62,500 dollars it felt like all the .tv crowd sold that name for $62,500. Because it's NOT a NDA that just justifies why we are so excited about tv, and now many others will know why. It's like being a proud "parent". I think we should all open the "champaign" tonight and give a big host to John!!!

I am going out to celebrate tonight this sale you did!!! An old college friend is in town so it's perfect excuse to "toast" the bar on .tv!!!

I had lunch with Ron Jackson of Dnjournal 2 weeks ago and I told him our day in.tv will make big news on DNjournal.com and now it's come.

Thanks, Jim

I my join in & have a wee dram in honour of John's sale (any excuse for a wee drink in Scotland!)

Great to see how Russia values .tv

Ms Domainer · 02-09-2009, 12:48 PM

*

Awesome!

*

mckennaronnie · 02-09-2009, 12:48 PM

Originally Posted by StoneRoses

LL.TV sale beats LL.com sale.
????: NamePros.com http://www.namepros.com/showthread.php?t=558050

Oh how times are a changing.

Congrats again John!!!.

Oh that is good, some of those very loud .tv critics must be hiding tonight.

ipodxpert · 02-09-2009, 12:56 PM

Awesome, congrats John. Very encouraging and motivating news for .tv

think · 02-09-2009, 12:58 PM

Congratulations on a very nice sale. Thank you for sharing!

equity78 · 02-09-2009, 01:00 PM

Congrats John, did $40,000 better than the tv.com version RTTV.com sold for $22,500

DomainMagnate · 02-09-2009, 01:00 PM

Great news, congrats John!

How long is "long negotiations"?

MCB.TV · 02-09-2009, 01:08 PM

Congrats John and well deserved for one of the true .tv pioneers!

jeffoverman · 02-09-2009, 01:08 PM

wow... very happy for you john and only you can pull this off in this market and prime land..

put .tv on the map and quiet up these trolls up...

congrats again john and nice roi!!

michaeldotcom · 02-09-2009, 01:18 PM

Congrats John for this excellent sale ! As one of the very best .tv domainers, you definitely deserve it.

It also definitely shows the power and enduser acceptance of .tv especially in the current market. I expect to see many more .tv sales like this one in the months and years to come.

Argos · 02-09-2009, 01:19 PM

Congratulations John, outstanding transaction, you did it !
I remember a series of PMs between us regarding the pressure of long negotiations, another great experience

lambda · 02-09-2009, 01:24 PM

Congrats John!

freedom30 · 02-09-2009, 01:27 PM

Congrats, and thanks for helping us keep the ball rolling and providing inspiration to us as well!

heroes · 02-09-2009, 01:28 PM

Originally Posted by discovernow

John,
When you sold that name for $62,500 dollars it felt like all the .tv crowd sold that name for $62,500.

Couldn't have expressed my feelings better.

Congratulations John! That is just sensational.

johntv · 02-09-2009, 01:29 PM

Thank you all, appreciate it!

Originally Posted by equity78

Congrats John, did $40,000 better than the tv.com version RTTV.com sold for $22,500

I noticed this recent sale as well and it could be that they also bought this one as it's too much of a coincidence. If so I really hope they will use rt.tv as their main website and redirect rttv.com.
????: NamePros.com http://www.namepros.com/showthread.php?t=558050

Originally Posted by DomainMagnate

How long is "long negotiations"?

I just checked and the first contact was in September last year, almost 5 months ago, asking if it was for sale. It took some time before they made a first $2,000 bid and we started from there. It often took 2 or even 3 weeks before they replied, as they are state owned I guess they had to go through some people before making a decision.

mulligan · 02-09-2009, 01:30 PM

Nice sale .. Congrats

Federer · 02-09-2009, 01:30 PM

Sharp minds attract sharp sales.

I take my hat off to you John... Nothing short of a superb 5 star end user sale.
This sale will, without a shadow of a doubt inspire many over the coming weeks and months.

GF · 02-09-2009, 01:31 PM

CONGRATULATIONS!!!!

Len · 02-09-2009, 01:35 PM

Wonderful sale John........Takes some b@!!$ to negotiate for such an extended period whilst sticking to your guns!

02-09-2009, 12:34 PM	THREAD STARTER #1 (permalink)
johntv Senior Member Join Date: May 2005 Location: Kenya Posts: 1,714	RT.tv sold for $62,500. After long negotiations I sold rt.tv to Russia Today. The funds actually came from the Russian financial department as this company is state owned. The agreement was signed by no less then 10 people and covered 5 pages, although there was no NDA. The strange thing was that they didn't want any escrow as according to them that was not allowed by Russian law, so they transfered the funds straight in my account before I transfered the name. I emailed dnjournal as this can give some extra attention to .tv. The price I negotiated was $62,500, although I have the feeling it could have been higher if Russia Today was a private company and not state owned.

02-09-2009, 12:39 PM	#3 (permalink)
Jimbojimbo Senior Member Join Date: Feb 2008 Posts: 2,941	Incredible sale - and enough to shut the mouths of fools who've been losing interest. Congrats on keeping the faith. You deserve this for all your efforts. And no NDA!!! __________________ blah blah blah

02-09-2009, 12:43 PM	#4 (permalink)
*EG.domains* GenericDomainMarket.com Join Date: Apr 2007 Posts: 7,040	Awesome sale John ... Congrats In the same time PZ.com auction ended @ $61,000 on Sedo today! __________________ ► Generic & Premium Domains for sale!

02-09-2009, 12:48 PM	#8 (permalink)
Ms Domainer Senior Member Join Date: Jul 2008 Posts: 2,308	* Awesome! * __________________ Food for Thought So live that you wouldn't be ashamed to sell the family parrot to the town gossip.

02-09-2009, 12:56 PM	#10 (permalink)
ipodxpert Senior Member Join Date: Feb 2007 Location: FlyFishing.tv Posts: 1,645	Awesome, congrats John. Very encouraging and motivating news for .tv __________________ Ecofriend.ly

02-09-2009, 12:39 PM	#2 (permalink)
mckennaronnie Account Closed Join Date: Dec 2005 Location: no telling ye Posts: 2,285	Brilliant John!!! Fantastic sale, i'm very pleased for you. And managing to get through it with no NDA was an extra bonus.

02-09-2009, 12:45 PM	#5 (permalink)
discovernow Senior Member Join Date: Feb 2007 Posts: 1,494	John, When you sold that name for $62,500 dollars it felt like all the .tv crowd sold that name for $62,500. Because it's NOT a NDA that just justifies why we are so excited about tv, and now many others will know why. It's like being a proud "parent". I think we should all open the "champaign" tonight and give a big host to John!!! I am going out to celebrate tonight this sale you did!!! An old college friend is in town so it's perfect excuse to "toast" the bar on .tv!!! I had lunch with Ron Jackson of Dnjournal 2 weeks ago and I told him our day in.tv will make big news on DNjournal.com some day and now it's come. ????: NamePros.com http://www.namepros.com/dot-tv/558050-rt-tv-sold-for-62-500-a.html Thanks, Jim

02-09-2009, 12:58 PM	#11 (permalink)
think NamePros Regular Join Date: Feb 2004 Location: Austin Texas Posts: 543	Congratulations on a very nice sale. Thank you for sharing!

02-09-2009, 01:00 PM	#12 (permalink)
equity78 NamePros Expert Join Date: Oct 2004 Posts: 7,567	Congrats John, did $40,000 better than the tv.com version RTTV.com sold for $22,500 __________________ Congrats and Thank you to RJ Protect your brand,secure your .sucks today

02-09-2009, 01:00 PM	#13 (permalink)
DomainMagnate Senior Member Join Date: Jun 2006 Posts: 1,610	Great news, congrats John! How long is "long negotiations"? __________________ Domain Magnate

02-09-2009, 01:08 PM	#14 (permalink)
MCB.TV NamePros Regular Join Date: Jan 2007 Location: Los Angeles Posts: 655	Congrats John and well deserved for one of the true .tv pioneers!

02-09-2009, 01:08 PM	#15 (permalink)
jeffoverman Senior Member Join Date: Aug 2007 Posts: 3,345	wow... very happy for you john and only you can pull this off in this market and prime land.. put .tv on the map and quiet up these trolls up... congrats again john and nice roi!! __________________ Save Your Money On .Co and buy a nice .com name in the after market!

02-09-2009, 01:18 PM	#16 (permalink)
michaeldotcom Account Closed Join Date: Mar 2008 Posts: 812	Congrats John for this excellent sale ! As one of the very best .tv domainers, you definitely deserve it. It also definitely shows the power and enduser acceptance of .tv especially in the current market. I expect to see many more .tv sales like this one in the months and years to come.

02-09-2009, 01:19 PM	#17 (permalink)
Argos Senior Member Join Date: May 2003 Location: fyfy.com Posts: 2,021	Congratulations John, outstanding transaction, you did it ! I remember a series of PMs between us regarding the pressure of long negotiations, another great experience

02-09-2009, 01:24 PM	#18 (permalink)
lambda NamePros Regular Join Date: Aug 2005 Location: OnlineChannel.TV Posts: 655	Congrats John!

02-09-2009, 01:27 PM	#19 (permalink)
freedom30 Senior Member Join Date: May 2007 Location: Windy City Posts: 2,194	Congrats, and thanks for helping us keep the ball rolling and providing inspiration to us as well!

02-09-2009, 01:30 PM	#22 (permalink)
mulligan NamePros Regular Join Date: Jun 2006 Posts: 507	Nice sale .. Congrats __________________ TLD.tv \| Gravure.tv

02-09-2009, 01:30 PM	#23 (permalink)
Federer Senior Member Join Date: Mar 2008 Location: Switzerland Posts: 1,352	Sharp minds attract sharp sales. I take my hat off to you John... Nothing short of a superb 5 star end user sale. This sale will, without a shadow of a doubt inspire many over the coming weeks and months. __________________ Now for Sale: Company.net

02-09-2009, 01:31 PM	#24 (permalink)
GF Buying Geo Domains Join Date: Jan 2008 Location: Orange County, CA Posts: 5,181	CONGRATULATIONS!!!! __________________ Economic Stimulus Act

02-09-2009, 01:35 PM	#25 (permalink)
Len dot TV'er Join Date: Feb 2007 Location: Central Ontario, Canada Posts: 3,757	Wonderful sale John........Takes some b@!!$ to negotiate for such an extended period whilst sticking to your guns!

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