GoDaddy Wins Contract to Run .TV

Posted on:2022-02-21 17:52:24 Views: 181

Tuvalu, the fourth smallest country in the world, is an island nation of about 10,000 people in the South Pacific with a land area of only 26 square kilometers. It is one of the least developed countries in the world announced by the United Nations. It struck internet gold because its ISO country code is TV, and it was therefore assigned the .tv country code domain.

 

In the year of 2000, a company named Helvetica acquired the .tv country code domain for $50 million. Verisign took on .tv for $45 million in 2001 when it acquired startup .tv Corp and had been operating and marketing the domain since then. That deal came up for renewal and GoDaddy won the bidding.

 

The country’s communications ministry said on its Facebook page that GoDaddy Registry has won the contract to operate Tuvalu’s .tv country code domain name. Neither Verisign nor GoDaddy has publicly released a statement about the switch.

 

Companies have adopted .tv domains as online video content has taken off. It is a nice registry business with high annual registration fees and some domains commanding premiums. There are roughly 500,000 domains in the namespace.