Controversy.TV

I came upon an interesting piece of news today. Somewhere in the 2000's the small island nation of Tuvalu(never heard of it before) decided to sell its domain name that interestingly was the catchy sounding .tv to a Canadian based corporate. The corporate in question Dot-TV corporation started registering the domain names at exhorbitant prices (~$1000). This caused furore in the internet community, with the ICANN even going to the extent of threatening to invalidate the domain.

Tuvalu is a small nation of 10,200 people spread over an area of 27 square kilometers. Tuvalu's small size and almost total lack of exploitable resources suggest that most of the population will remain dependent on subsistence activities for the foreseeable future. The islands are too remote for development of a large-scale tourist industry. Since 1999, Tuvalu has been able to earn over US$5 million a year marketing it's Internet domain name through the Dot TV Corporation.

I checked out if any Indian TV channels have registered for the .TV domain. Strangely all the major Indian channels seem to have missed out on the .TV oppurtunity. In contrast all the major Western channels seem to have parked themselves in the .TV domain. I think Indian cybersquatters will have a bonanza when Indian TV channels wake up to .TV's existense.