.tv domain name is the Internet country code top-level domain ( ccTLD ) for the pacific island nation of Tuvalu. Anyone can register .tv domain name except for reserved names like .com.tv, .net.tv, .org.tv and others. The Tuvalu government receives a quarterly payment of US$ 1,000,000 for use of the top-level domain. The domain name is popular, and thus economically valuable, because it is an abbreviation of the word ' television. The .tv domain is currently operated by dotTV, a VeriSign company. The Tuvalu government owns twenty percent of the company.
There has been some controversy as to who should be allowed to register .tv domain names. A significant percentage of websites with .tv URLs are pornographic or otherwise sexually explicit. While this has raised significant revenue for the small nation, it has also created conflict. Much of Tuvalu's population is conservative Christian, and some feel that revenue from those sources is immoral.
On December 14 , 2006 , VeriSign announced an alliance with Demand Media, run by ex-MySpace chairman Richard Rosenblatt to market the .tv Top Level Domain Name (TLD) as the preferred web address for rich media content. The new joint venture will promote the domain extension for "personal TV channels" and the preferred domain for online video sites.