.tv PREMIUM RENEWALS - Why would SEDO state this?

[GoneWalkabout]

Have you taken a look at a .TV name recently on SEDO recently (even ones that I know are old-style premiums).

They have the following statement at the top:

"Standard, annual renewal fees determined by each registrar now apply to all .tv domains. Many registrars now manage the .tv extension."


There is NO way they would have put this statement without having a firm agreement that renewals genuinely do not exist. I can't talk about the US, but as SEDO are based in Germany they could get hammered in the courts there if a person bought an old-style premium without knowing and were then asked to pay a FULL premium at renewal time.

This is either really good news or a massive legal problem waiting to happen.

 

[Dave]

Yes this has to be good news. Sedo wouldn't be so stupid, right?

 

[GoneWalkabout]

Yes this has to be good news. Sedo wouldn't be so stupid, right?

Oh! Now I come to think about it!!!!!

 

[dottvfan]

I wouldn't be dropping any premiums at the moment unless I seriously couldn't afford to hold. You can think of historical premium pricing as the cost of acquiring the domains before the floodgates opened. In a strange way the premium pricing model has benefited some members and if there renewals return to regular or near regular prcing, it will be the legacy premium owners that will be the big winners

The names that people were prepared to fork out the serious big money for were very quality names. In an open reg fee market they wouldn't have lasted one minute and yet some members hold tens of them. Time will tell whether they were just an ok investment (or perhaps if the buyer paid to much for the premium, bad) or a seriously good one, with higher than normal acquisition costs but an equally high upside.

 

[GoneWalkabout]

The big downside for people who have invested heavily in .Tv BEFORE the 'frenzy' is this:

I never like premiums - I understood them - but I didn't really want ANY names that were premium.

i did buy a few as I went along, LIke US.tv, and DIY.tv (this last one jointly with Millers).

However, I spent MORE money on buying great names that were NOT premium, but looked like they should have been.

I owned one of less than ten 'three-letter' names - PRO.tv - and I paid a very hefty sum to do so ($5k).

Everyone can now get a three-letter name - and they are premium free.

When I think of the prices I paid for things like Tourist.tv because they were without PREMIUMS it makes me cry.

Now many of the people who swam against the tide and believed in the .TV extension when everyone else said it was a pile of dung - are the same ones who are left with names that, although great, perhaps cost too much in a premium-free world.

We are also left with some premium names on which there has been NO official word on what is to happen. DIY.tv, for example was paid in advance until 2013 - what happens for 2014 - is it premium or is it like the rest - standard fee.

I welcome the new changes even though they may have affected some here, including myself, quite badly.

What we need now is clarity and a statement from ENOM/VERISIGN, which ALL are expecting, that any old premium names still held by people will be charged at premium one more time and then revert to standard renewal. Then the market will be clear to compete with all 'normal' extensions on an even playing field.

 

[Makis.TV]

If someone call enom and ask them for a verification about older premium .tv's.
I m going to call them in the next hours but it will be very positive if I m not the only one.

---------- Post added at 01:49 PM ---------- Previous post was at 01:45 PM ----------

What we need now is clarity and a statement from ENOM/VERISIGN, which ALL are expecting, that any old premium names still held by people will be charged at premium one more time and then revert to standard renewal. Then the market will be clear to compete with all 'normal' extensions on an even playing field.

I think its fair to drop all premium prices from the old .tv's making next renewal as reg fee and not premium fee.

 

[DU]

...

 

[Len]

If someone call enom and ask them for a verification about older premium .tv's.
I m going to call them in the next hours but it will be very positive if I m not the only one.

---------- Post added at 01:49 PM ---------- Previous post was at 01:45 PM ----------



I think its fair to drop all premium prices from the old .tv's making next renewal as reg fee and not premium fee.

Did you hear anything back about this? I am awaiting a reply to an email I sent.

 

[Makis.TV]

Did you hear anything back about this? I am awaiting a reply to an email I sent.

No, I didnt have time to call them by phone since I m with GMT+2 and when people in enom are awake and working I m usually not.
I should it for sure.

 

[Len]

Funny how things happen......I've just received this response from Enom:

Hello Len,

Existing premium .tv domains will continue the premium pricing.

Short and to the point! I guess there's going to be some premiums back on the market this year.

 

[StoneRoses]

i suspect you are right Len.

It will also be interesting to see where they set the prices for those premium names people drop.
Will they be the last 7 days realistic pricing or the previous repricing madness of the last 12 months?.

 

[Jeff]

Funny how things happen......I've just received this response from Enom:

Existing premium .tv domains will continue the premium pricing.

IF there will continue to be TWO CLASSES of ".TV" owners, I agree that there will be a lot of drops of existing hefty, annual "Premium renewal" .TV domains ... combining this with continued uncertainty and the significant potential of future legal action(s) hovering in the background (as referenced above, and as I brought up at the very beginning of this debate) will put further downward pressure on general .TV aftermarket domains, IMHO.

Good Luck,
Jeff

 

[GoneWalkabout]

IF there will continue to be TWO CLASSES of ".TV" owners, I agree that there will be a lot of drops of existing hefty, annual "Premium renewal" .TV domains ... combining this with continued uncertainty and the significant potential of future legal action(s) hovering in the background (as referenced above, and as I brought up at the very beginning of this debate) will put further downward pressure on general .TV aftermarket domains, IMHO.

Jeff

I agree, almost, entirely.

If I have doubts about anything you have noted in your paragraph they are that:

I think we now have 'several' classes of .TV owners , not just two. Although having any more than one is bound to affect the market and cause confusion to domainers, endusers, everyone.

There is ZERO evidence of ANY downward pressure on aftermarket domains.

Such a shame that the stated goal was to create a simplified and equal pricing structure, and instead we are left with this skewed early-adopter unfriendly system that can only lessen the impact of .TV rather than improve it.

What a waste of such excellent goodwill and publicity - it is all going to seriously backfire unless something is done to rectify the problem - quickly.

 

[Jeff]

Such a shame that the stated goal was to create a simplified and equal pricing structure, and instead we are left with this skewed early-adopter unfriendly system that can only lessen the impact of .TV rather than improve it.

What a waste of such excellent goodwill and publicity - it is all going to seriously backfire unless something is done to rectify the problem - quickly.

^ I think that is a fair assessment, IMHO. :gl:

There is ZERO evidence of ANY downward pressure on aftermarket domains.

Adding the above concerns with current OVERABUNDANCE of supply and lack of End users ... we will continue to see folks dropping .TV's (or has been evidenced of late, others "taking over" the annual renewal fees on existing Premium type domains); continue to watch sales threads and aftermarket / action activity in the context of the recent HYPE and "reported sales" (ie., Geo's etc.), IMHO. :gl:

All the best,
Jeff

 

[Kate]

Investors dislike uncertainty...