.tv .TV and the SKY IS THE LIMIT renewal fees

[cityforums.com]

Could anybody comment on why this statement on the policies page

of www.tv can not be used to raise renewal fees in the future ?

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The .tv Corporation reserves the right to modify or amend The .tv Corporation Policies at any time. Users should review the policies from time to time, as users are bound to them, and to any modifications made to them. Modifications to The .tv Corporation Policies are effective as of the date and time they are posted on the Site, except for modifications to the Dispute Policy, which shall be effective thirty (30) days from posting on this Site.
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[equity78]

Once a domain goes back to the registry they can set any price they like, or a category of unregged domains such as LLL.tv were $500 now they are $750 except they missed that are at $500 or a couple lower. But if you own Whatever.it the price will not go up while you own it.

Cosmic you spend a lot of time on this subject is there a premium domain you are looking at regging?

 

[cityforums.com]

Yes I am looking at a premium ... I still don't see how the above does not

apply to future renewals ... if you have paid say for 5 years, the 6 th

year according to their own disclaimer they can boost up the price

to anything they like to the current holder of the domain when he renews.

With the disclaimer above only an idiot would buy a super high premium

domain.

 

[equity78]

I have had several talks with verisign and DOT TV that has never been done and will not be done per verisign and someone can always add to their domain years at any time. IN most cases a discount is offered to renew the domain. The discalimer is there if a domain that came back was priced at $1500 instead of $500 like they did with FIT.tv an LLL but they placed at $1500 and then someone still got a deal it was a member here who regged that domain.

 

[cityforums.com]

That's all nice and thanks for your response. From a legal standpoint

a company would be foolish to invest millions of dollars on a domain

based on this policy. I have seen in the franchising world situations where

the franchisor would do everything in his power to bust the franchisee of

a money making coveted market so the franchisor can take over the business.

The same situation can reproduce itself here. This is a risk to be factored

into the equation of valuation.

:imho:

 

[equity78]

Well I would take your concerns up with verisign if and when you reg a domain

 

[MillersCrossing]

Could anybody comment on why this statement on the policies page

of www.tv can not be used to raise renewal fees in the future ?

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The .tv Corporation reserves the right to modify or amend The .tv Corporation Policies at any time. Users should review the policies from time to time, as users are bound to them, and to any modifications made to them. Modifications to The .tv Corporation Policies are effective as of the date and time they are posted on the Site, except for modifications to the Dispute Policy, which shall be effective thirty (30) days from posting on this Site.
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I can see your point Space based upon the wording used....but think about it, if you are going with a strict interpretation.....that they can MODIFY their POLICY at ANY TIME.........then whats to stop them from taking your $500 reg fee off you for a premium and then a week later, forcing you to sell it back to them for 5 bucks...?? There is a standard that is set even when a company has RIGHTS....basically the rules of TORT (common law referring to inherent rights based on fairness) can apply to the laws of CONTRACT and even supercede them........Your concerns are legitamate, but would I am sure be governed by the laws of tort.....besides, if Verisign ever did something like that, they would go belly up within a year...who would reg or renew when Verisgn played tactics like that, it would make the reg agreement worthless in a flash

 

[cityforums.com]

At least you all acknowledge that this is a real possibility.

In my humble opinion, .TV can do this and still get away

with it. They would only have to take back, say the top 100

premium domains after everybody spent millions

promoting the domains for them. They would leave

everybody else alone so they would keep promoting their

franchise. I think they would be stupid to anything

predatory though because it would be way more profitable

for .TV to simply let others use the domains in exchange

for steep premiums.

Thanks for your responses guys.

 

[*AllThings.tv*]

Cosmic,

Some of us do not register using the Internet. We register over the phone. There are no agreements made over the phone. They are just happy to take your money. They will always try to argue that their agreements apply, but that matter is to be determined by the courts. I anticipate several lawsuits on this issue if dot corporation tried to raise prices.

 

[antonis12]

Cosmic,

Some of us do not register using the Internet. We register over the phone. There are no agreements made over the phone. They are just happy to take your money. They will always try to argue that their agreements apply, but that matter is to be determined by the courts. I anticipate several lawsuits on this issue if dot corporation tried to raise prices.

SF, i am sure the terms and conditions still apply to you even if you reg on the phone.

I think legally the way the agreement is written I think they can try to do it.

It is a risk I am comfortable with because it would be relatively stupid on their part but stranger things have happened in life. I think large domain holders would then sue and the courts would have to sort out if it was some type of implied breach of contract.

The funny part of all this however is that anyone with a gTLD that feels smug that .tv-ers are taking on unnecessary risk, just need to look at the .biz/.info/.org contract fiasco to realize the supposedly rock-solid gTLD contracts are also vulnerable to manipulation.

The current contract on the table for .biz/.info/.org that is being reviewed after public outcry allows for fees changes even if you keep it renewed. If that contract gets approved, I guarantee you it will migrate ultimately to .com and that would basically be a catastrophe for the internet as it would be, for all intents and purposes, owned by Verisign.

So the risk is theoretically there, but not much more theoretical than the risk for any extension. My guess you will see some negotiated standards emerge out of the gTLD negotiations and most registries will stick to those, most days of the week. I suspect you will see a lot more .tv style pricing in the future - variable pricing up front, but not for renewals.

I don't have a problem with the former - it is no more "unfair" than the first guy to ping the server getting a give-away, but allowing renewals to change is bad policy and intelligent people will stay away from those extensions.