Verisign Renews Contract With Tuvalu To Run .TV Registry Through 2021
I have confirmed that Verisign has they have signed an extension with the government of Tuvalu to operate the ccTLD domain name extension .TV through December 31, 2021.
Prior to the extension, Verisign’s agreement with Tuvalu to operate the .TV ccTLD, only ran through 2016.
During the most recent Verisign earnings call, they listed signing the renewal of the .TV contract of one of Verisign’s accomplishments in 2011. However no further details were given. Moreover I haven’t read or seen any announcement of the renewal of the contract anywhere.
However, after several emails to contacts at Verisign we were able to get confirmation of the extension of the contract.
In recent years there have been some stories coming out of the government of Tuvalu, that they were unhappy with the contract they had with Verisign from which reportedly they make some $2 Million dollars a year in fees and threatened not to renew the contract.
Now that they contract has been renewed it should give .TV investors a lot more comfort in their investment and continued management over their .TV domain names.
Verisign did not release any additional information about the contract including what amount it would be paying the government under the renewal.