Another Internet Bubble Pops: Tuvalu's .TV Deal

["J. William Semich (NIC JWS7)" <bsemich@mail.nu>]

The famous 50 million deal to market the ccTLD ".TV" to media moguls has
turned into a fantasy, as was much expected by many of us in the ccTLD
community. Instead, the Canadian company who came up with the scheme to
sell .TV domain names for $1,000 and up, at open auction, to the highest
bidders (not first come, first served), claims to have only raised
CA$200,000 from 200 customers. 

I expect that amount is also a gross overstatement.

Read about it at:

http://pidp.ewc.hawaii.edu/PIReport/1999/January/01-07-01.html

Bill Semich (NIC JWS7)
bsemich@mail.nu
.NU Domain (Niue)