.tv Music.tv picked up for $50!

[Ammudamus]

I'll be first to say congrats to Jimbo for picking up Music.tv (an ex FMA name) for $50! Rare that this will happen, but a true Verisign pricing glitch.

Enjoy!

 

[Jasonn]

even though i am not a fan of cctlds being used for other means, that is one hell of a score! congrats! there are still good opportunities out there, you just have to keep at it.

 

[Vito]

MUSIC Friggen Dot TV!

Wow, Pretty Incredible score here James.

I don't think there are too many better domains out there at all, and I mean in any extension.
This isn't just a grerat domain, or just a lucky day. This domain is a life changer in my honest opinion.
I know you have an insanely awesome portfolio but this one singular domain really has to make you think about developing 200% of your time, efforts, and money into it because this domain is a Monster Business/Company unto itself.

I have to say I really feel FMA's pain. This has happened to me before as well, but most likely James will make something very very special with this rock solid dot tv gem.

Congrats My Brother!
V

 

[dnlucky]

Congrats, Jimbo. You had your eyes wide open and you scored bigtime.

Lemme know if you want a quick 100% ROI...

 

[HeyNow]

If you ever wish to travel to Tuvalu to find out the truth for yourself I would suggest you use the official Tuvalu government visitor website … a real life Tuvalu orientated website - oh, and a dot-com going by the name of http://www.timelesstuvalu.com - perhaps they don't know that they should be using .tv or even worse, that .com actually means .commercial

They lost the privilege of reserving a relevant .tv name for themselves when they foolishly leased the rights to Verisign. Otherwise, who knows what they would have chosen.

 

[Dave]

Wow congratulations to Jimbo! I haven't even kept my eye on .tv in ages. I'm curious to know how you managed to claim this Backorder at Name.com only a few weeks ago?? Because when I checked Music.tv a while ago it was already BO there? (I occassionally do a scan of premium .tv domains to see if they're backordered or not)? I can't believe somebody would cancel the backorder for this? Am I missing out on something new in the .tv world?

Again congrats, it's a 6 figure name! WOW.

 

[Michelle]

What to say.... Jimbo Biggest huggeroos ever :D:p

 

[jeffoverman]

Great job James!

 

[Maxwell]

Wow, congrats to him. His net worth just went up at least $10k.

 

[eyedomainous]

The best catch, for a 'song and a prayer', ever. Congrats!

BTW, if your not making money from Internet TV -your doing it wrong.
What 'Internet TV' sites have you developed?

Thanks to everyone, but no one was as surprised as I was!

In reality, we are all barking mad for being involved in internet TV in the first place (whether as domainer or developer, filmographer or flipper).

This will be developed….
… which means I will lose a load more money on stupid internet TV

 

[domainacrobat]

Holy smokes! Where have I been?

Congrats on pick up of the DECADE!

Want to double your money?

 

[Dave]

All these double your money posts are cheap. I will offer you 5 times your money! What do you say?

 

[RU]

Unbelievable catch.....Congrats!

 

[buyselldoms]

Please develop the domain... Google's YouTube has been alienating indie labels and threatening to ban them unless they accept poor terms, a music-only tube website I think is a great idea... we all know the collapsed social networking website myspace was recycled for musicians... and they have seemed to rescued it to a reasonable extent.

A lot of hassle getting investors on board but I think a bit of crowdfunding would go down a storm.

As for .tv the "allegations" are true to the extent it started off in 1996 as that, since 2006 however its rebranded for television/rich media websites etc. Reminds me... There used to be a decent tech channel here called .tv was a sad day when that went. Anyone remember it?

 

[Jason.tv]

this name still has not been returned or exchanged to fma?

 

[RU]

FMA dropped 1tv.tv (returned to Registry)

 

[Keith]

this name still has not been returned or exchanged to fma?

Say what?

Fma can't claim to not know it was dropping. Registrars send out several warning emails and give months of warning.

 

[equity78]

FMA/ Thunayan Al-Ghanim (Elequa) dropped nothing purposely he is going through a protracted legal battle with members of his family. He called me from the UK when the name was in redemption and asked me if it had dropped ? I told him it was in redemption and would drop, he is aware of what is going on but could not prevent the name from dropping because of this family issue.

 

[buyselldoms]

It has happened to be many years ago, a decent domain dropped and fell into a third party's hands... this was back before all the emails and auto-renews etc. were commonplace.

I couldn't renew at the time, someone cloned my bank card so couldn't access money in my bank... worst of all it took an age for a replacement card!!! Its life, I lost the domain, was very bitter about it for so many years afterwards haha... but despite it being for reasons beyond my control... I have no right to get the domain back. (The importance of extending registration periods cannot be underestimated... don't make the mistake of renewing decent domains within the last 3 months... even if temporary your financial situation etc. could change, furthermore, the longer you have it registered the better for sales... otherwise everyone waits and tries to backorder it)

Many businesses and domainers see high value domain names as an asset they own - technically, all you really do is lease it... you can have a domain name for 50 years (not as of today, but theoretically talking about the future) then lose it by not renewing it... doesn't matter how long you have "owned it". Its that whole "you snooze, you lose" thing... very frustrating.

The only thing you can do is try to buy it back. Normally 3 scenarios... 1) the new owner wants to develop it, 2) the new owner has inflated the price over the market value, or 3) the new owner is happy to accept part market value (i.e. 60%,70%) for the domain for a quick sale... on the basis that its a huge profit compared to the registration fee.

Its capitalism all over... hardly anyone (domainers) has paid current end-user value, reseller value or anything near it, for many of their domains... but many wouldn't hold on to them if they got an offer they couldn't refuse. Its pretty much "you win some, you lose some". That's the importance of profit... in addition to increasing your money, it also acts as a way to subsidize losses. You have the opportunity to move on, or you burn into your profit to get it back.

 

[lll]

Family issues happen

Use that auto renew next time

Jimbo congrats

 

[Len]

Very nice pickup!