Famous Four Media has won the fight for a new gTLD, .party. Oriental Trading Company was its only rival. The parties, however, reached an agreement through private talks. Oriental Trading Company withdrew its application and cleared the way for Famous Four. The financial details of the deal remain undisclosed.
This is good news for all users. Oriental Trading Company, a party goods supplier, planned to run .party as a closed string and use it for its own business only. Famous Four Media, on the contrary, intends to open registration in the namespace.
