Economy of Tuvalu

In this Oct. 13, 2011, file photo, Funafuti, the main island of the nation state of Tuvalu, is seen from Royal New Zealand Air Force's C-130 aircraft as it approaches at Funafuti, Tuvalu.

Tuvalu cashes in on its coveted internet domain name amid rise in online streaming

January 24, 2022Technology

The Pacific microstate of Tuvalu is in the unique position to capitalize on its much sought-after domain name — .tv — the worldwide abbreviation for “television.” In a new deal with GoDaddy, the small nation is poised to make an estimated $10 million a year from leasing its domain name to online streaming sites like Twitch.

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