As the dot-tv suffix goes live May 15, dozens of companies have ponied up thousands of dollars for the right to use the new domain names, including a number of big local Internet players.
When Idealab hatchling DotTV in Pasadena announced last month that it would pay $50 million over the next 10 years to a tiny Pacific nation for rights to the Internet domain suffix "dot-tv," it seemed like kind of a far-fetched business model. Yet the suffix is already proving popular.
"I have not been buying anything other than dot-coms, but I bought this one," said J.P. Hannan, an executive vice president at L.A.-based digital network iBlast, who registered "iBlast.tv" at auction through DotTV for $4,000 a year. "I think people understand it, they remember it, and for a television company it makes perfect sense."
Local station KNBC-TV Channel 4 and a Columbia Tristar International Television cable channel serving Pan-Asian countries have also registered with DotTV.
The dot-tv country code was assigned to the 10,600-resident nation of Tuvalu, which can only be reached by a once-weekly puddle-jumper from Fiji.
Tuvalu is not the only country that has entered into an agreement with an American company to market and sell its Internet suffix (a domain suffix consists of the letters that follow an Internet domain name, typically "dot-com" or "dot-org"). Users can currently register addresses in Western Samoa's "dot-ws" domain, the Cocos Islands' "dot-cc," and Moldova's "dot-md." (Needless to say, the latter address is attracting a number of Web sites targeting the health care industry.)
A fortunate assignment
DotTV officials feel Tuvalu, which has historically supported itself through its fishing industry and foreign aid, was blessed when it received its country code, which is expected to hold more cachet than less-recognizable domains like dot-cc or dot-ws.
"TV is the most recognized two-letter symbol on the planet, and is incredibly meaningful," said Lou Kerner, chief executive at DotTV.
A potential challenge for DotTV, however, is turning the dot-tv domain suffix into a name brand that is as well known as the ubiquitous dot-com.
"We'll spend over $20 million over the next year on (marketing) the dot-tv brand," Kerner said.
That kind of expenditure seems critical, considering how some of the company's current registered customers learned about the new domain suffix.
"A person in the television stations division gave the information to the director of IT; that's how we learned about it," said Erin Dittman, spokeswoman for KNBC. The channel's plans for the site are currently in the works.
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