.fm has its own trend. it's own market even. I suggest you do your homework before you throw 70$ out the door. There's alot to be made with .fm so dont get me wrong, but even though i have many names I havent spent any time trying to grasp what is a good buy vs a bad buy in that ccTLD. I wish I could tell you more but hope that my input helps you just the same.
There are really two answers to your question. Frank answered the first part perfectly. The second response would be who is cctld being marketing towards or what is it being marketing as. As with most of these cctld's the English speaking community is capitalizing on the benefits of the acronyms. So, .fm is gearing it's marketing muscle as the radio station tld and .tv is geared to the TV and online video crowd. .Dj is geared toward Dj's and music, .ca for California, .la for Los Angles, etc... and the list goes on. That was not original intent but such is life a free market. Hopefully this helps you to understand. One other brief point, just because these cctld's exist does not mean they are widely accepted or known. I ask people daily if they know about .fm and outside of here no one has even heard of it. With that information be prepared to market the name yourself if you buy a .fm because it will not market itself like .com does. Cheers!
Hey guys thanks for your input
It seem .fm is not as popular as .tv.
But in my opinion .fm sounds cool and people will hear it soon.
I hope you can keep me up to date about this extension. If I have news about it I would share it to you guys.
Regards