Many domainers were afraid to buy any .tv’s since they feel while being a cctld Google will treat those domains as such.
Even though no one would argue over this we know that Google treats many cctld’s as gtld’s, according to John Mueller(Webmaster Trends Analyst at Google) .TV is one of them.
I originally read about this on namepros forum some minutes ago, where Ammudamus posted a topic under title Google: We Treat .tv as a gTLD.
His post was referring on related Watch.tv blog post by Michaela about a reply someone received on Google Webmaster Blog entry about Region Tags in Google Search Results which was originally published almost a year ago(December 01, 2009) when he asked this same question.
In that blog entry Ian M posted the following question on December 8, 2009:
@John Mueller – what about .tv? Is that treated as a gTLD?
and he received the following answer by John Mueller:
@Ian M, yes, we treat .tv as a gTLD. You can see these tags by searching selectively, eg for [fernsehen site:tv].
So its very clear that .tv being a cctld will rank for the geo it represents(that is Tuvalu) but the same time its considered as a gTLD because of its global brand since TV is the most common and recognizable term for media, entertainent and video globally.
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