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.tv The $500,000 .tv sale

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equity78

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Since there was some good news with Johns sale of RT.tv for $62,500, I wanted to give people some info on a sale that took place in 2007 that the seller told me about in late 2008 that was posted only on the private board.

The sale was for a .tv for $500,000. I believe it to be the biggest sale of a .tv ever. I know there is the Golf.tv $600,000 sale which was never confirmed and had controversy on the initial reg. I doubt Igal would have ever paid $600,000 for GOLF, NOW I AM STATING THAT AS MY OPINION, I do not know whether he did or not but it seems doubtful he would pay $600,000 for one name.

Now the other controversy with the name came here in 2000 pre Verisign :
In a lawsuit filed in Los Angeles, dotTV, an internet services company, has been charged with accepting and then wrongfully rejecting a bid for the domain name “Golf.tv” by Future Computing Solutions. The South Korean based firm claims that it successfully bid for the domain name in an on-line auction, but that dotTV then reneged on the deal.

Through an agreement entered into with the government of Tuvalu, a small Pacific island nation, dotTV became the exclusive registry and registrar for the “.tv” domain, the country code top level domain originally reserved for the island.

Through its own web site, dotTV sells most of the “.tv” domain names on a first-come, first-served basis, for an initial annual registration fee of $100. Other common, generic terms it deems to have broader commercial appeal with greater demand are put up for auction on its web site.

The lawsuit alleges that the head of Future Computing, Je Ho Lim, was notified by dotTV that his bid for the “Golf.tv” domain registration for the sum of $1,050 was successful. Shortly thereafter, the lawsuit says, dotTV attempted to renege upon its agreement, notifying Je Ho Lim that he should “disregard” the acceptance notification, blaming “an e-mail error that occurred.”

“Shortly thereafter,” said Richard D. Farkas, lawyer for Future Computing, “dotTV publicly offered the ‘Golf.tv’ domain name again, both to my client and others, this time with an opening bid of $1 million. Meanwhile, a recent press report indicated an anonymous buyer had purchased the domain name for $600,000. If this proves to be true, the motives of the parties will have to be given careful examination.”

The court action seeks the rights to the name and unspecified compensation.



Here is a link to the appeal :
http://www.internetlibrary.com/cases/lib_case293.cfm



So I believe the $500,000 is the biggest sale, Yes the person is a member here,No I do not know the domain that was sold, NO he does not want his name posted here. Knowing the member and his reputation I believe the sale is legit. I am not concerned with who on this forum does not believe it because I know the member and they have no idea who it is so any posting of any nonsense will just be deleted. The post is being made to let others know who did not read it on the private board.
 
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AfternicAfternic
hey eq,

Thanks for letting us know about this.
I can only imagine a few keywords that would sell for $500.000. But then again we shall probably never know.

I have this feeling that .tv will be seeing a lot of sales this year and that it will explode in the year 2010.

Hopefully 2009 is the start of a buyers market for .tv!!
 
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No prob b2b its the biggest story for the extension IMO.
 
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There is probably a much greater volume of undisclosed sales than most people think. And sales subject to NDA's are typically high dollar sales with a greater incentive to be kept private for obvious reasons.

Whatever the annual sales figures are that are made public, one can probably multiply that significantly to account for private sales that never make the press.
 
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Carlton said:
There is probably a much greater volume of undisclosed sales than most people think. And sales subject to NDA's are typically high dollar sales with a greater incentive to be kept private for obvious reasons.

Whatever the annual sales figures are that are made public, one can probably multiply that significantly to account for private sales that never make the press.

That is true.
There were a number of $xx,xxx sales last year that would have created a stir but most were subject to NDA so nothing went public.
Hard to say exactly how many though as each of us hears little bits of info here & there, without trying to hard to remember all that i was told about last year then i would guess i was told of at least 10 $xx,xxx sales & a few mid $xx,xxx sales plus MANY offers in those ranges.
 
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there are a number of nda sales.. imo nda sales will not kill .tv.

this is all very good news for .tv and this so called leaked out information out.
 
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