According to Radio New Zealand International blog, the country of Tuvlau which owns the rights to the .TV ccTLD, is not happy with the deal it has with Verisign.
According to the Finance Minister of Tuvalu’s, Lotoala Metia says the country isn’t getting enough money from the US company which bought the dot-tv internet domain off it.
As you know the .TV registry is operated by DotTv, a VeriSign company, which pays Tuvalu about $2 million US dollars a year for use of the name.
The Minister went on to say that VeriSign should be paying more for use of the name but says the company is playing hardball.
“We are negotiating but we are tied because of the agreement that was signed before us. We cannot negotiate for an increase until 2016. Counter offers have been made but they are not acceptable to the government of the day. So we have to stick to our guns now. They’re giving us peanuts.”
Obviously not much the country can do now but once 2016 rolls around all bets are off.
Something to keep in mind as you invest in the extension