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FWIW, Verisign buys .tv registry rights
- From: Richard Forno
- Date: Mon Jan 07 09:45:35 2002
> Verisign Buys .tv Web Domain for $45 Million
> MOUNTAIN VIEW, California (Reuters) - Internet address and security provider
> VeriSign Inc. (Nasdaq:VRSN - news) said on Monday it bought exclusive
> worldwide registry rights for ``.tv'' Web addresses, paying $45 million for
> .tv Corp International.
> VeriSign said it expects the cash deal, which closed on Dec. 31, to add less
> than $1 million of revenues and $7 million to $10 million of net deferred
> revenues to fourth-quarter results.
> The .tv top-level domain was owned by the Pacific Island nation of Tuvalu.