Showing again how when you run a registry with no consistentcy, several other things pop up that are ridiculous.
In March of 2010, .TV changed their game. They did away with premium renewals. The thing that made the extension get called out in a negative light, looked like it had been fixed. But while people started to get pumped up about a non premium renewal, there was more to the story.
The non premium renewal was only for names regged March 18,2010 and going forward. So if you owned a name where you were paying a premium renewal, you had to keep paying or drop the name, and then hope to catch it for a one time payment and then non premium renewal.
What came of this was back ordering roulette. Others started back ordering at Name.com who has been the number one registrar for .tv back ordering and drops. So now someone paying $1000 a year for a name was looking to secure the back order for $49.99 at Name.com.
When they got there, the name was already back ordered. So this put the registrant in an interesting position, abandon the name, seek out the back order holder, or renew for $1000.
Dr. Chris Hartnett in an exclusive interview at Allthings.tv talked about how he dropped a bunch of premium names he wanted to keep but could not justify the premium renewal. Michael Berkens picked up a bunch of the domains up on the drop.
I asked another premium holder what he was doing ? " Renewing them all, fuck these vultures, fuck every single one of them."
Successful .tv investor James Black said to me that he wished everyone had of worked together to secure each back order with the owner. He did help some on his own to get their name and pointed them out to many more .tv holders.
Its a shame .Co got Lori Anne Wardi and not the .tv relaunch. I have no doubt she would have had .tv running a lot more smoothly.
Let's hope with the new gtlds there is none of this nonsense.