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DotTV Domain Names Fetch High Prices.


Pasadena-based DotTV, a hatchling of the Idealab incubator, will announce Aug. 21 that it has sold three of its new dot-tv Internet addresses for $100,000 apiece, company officials con firmed.

Those prices, the most expensive deals to date for DotTV, were registered at auction for www.Free.tv, www.China.tv and www.Net.tv. The registrants signed two-year contracts with an option to renew after the second year, and have agreed to pay $100,000 the first year and an additional percent each year thereafter.

Additional details of the deals, including the identities of the purchasers, were not available last week.

However, DotTV officials said that they have already sold tens of thousands of dot-tv addresses, after just a few months in business, Nearly half of the company's name registrants are from outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and many registrants are from outside the entertainment industry.

"We're seeing this cut across many markets, from companies who want to 'tell the world that they have rich, engaging television-like content of the future," said Craig Frances, the company chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Already up and running are Baseball.tv, an interactive netcasting site devoted to baseball; HSX HSX Hollywood Stock Exchange
HSX Helicopter, ASW, Future Version
HSX Horizontal Surface Extensometer
.tv, the online television and radio site of the Hollywood Stock Exchange; Billabong bil·la·bong  
n. Australian
1. A dead-end channel extending from the main stream of a river.

2. A streambed filled with water only in the rainy season.

3. A stagnant pool or backwater.
.tv, a site devoted to skateboarding skateboarding

Form of recreation, popular among youths, in which a person rides standing balanced on a small board mounted on wheels. The skateboard first appeared in the early 1960s on paved areas along California beaches as a makeshift diversion for surfers when the ocean
, surfing, and snowboarding; and Emmys.tv, the site devoted to the awards show that was previously located at www.Emmys.com.

"That shows you the range of people who are adopting 'dot-tv,'" Frances said. "It's a natural home for broadcasters, but the Web is turning streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater.  and broadband. So it can stand for anyone who has rich, engaging content."

Nonetheless, the dot-tv suffix suf·fix  
n.
An affix added to the end of a word or stem, serving to form a new word or functioning as an inflectional ending, such as -ness in gentleness, -ing in walking, or -s in sits.

tr.v.
 is particularly desirable, as a Web address for companies in the television business. DotTV sells the rights to use these names for anywhere from $1,000 to $100,000 for a yearlong registration. Annual registrations for many addresses are auctioned off on the DotTV Web site.

DotTV in April paid $50 million to the tiny Pacific nation of Tuvalu for rights to the Inter net domain suffix "dot-tv" for the next 10 years. Individual nations have been awarded their own suffixes to distinguish their Web operations Web operations is a domain of expertise within IT systems management that involves the deployment, operation, maintenance, tuning, and repair of web-based applications.

With the rise of web technologies since mid-1995, specialists have emerged that understand the complexities of
, but some nations with particularly distinctive suffixes like Tuvalu's "tv" have licensed the rights to American companies -- which in turn are licensing the suffixes to others, for a fee.

To market its service in a cost-effective way, DotTV gave the Academy of Television Arts and Sciences the right to the www.Emmys.tv address for free, in exchange for which the academy will promote the site during the Emmy Awards telecast on Sept 10.

DotTV has agreed to similar deals with other major broadcasters as well.
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Comment:DotTV Domain Names Fetch High Prices.
Author:DUNPHY, LAURA
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 21, 2000
Words:450
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