Swedish tech company Global Gaming Factory X said Tuesday that it has reached an agreement to acquire controversial file sharing outfit The Pirate Bay for about $7.7 million.
Global Gaming said it would introduce legitimate business models to Pirate Bay's Web site, which had become a haven for illegal file sharing. Pirate Bay's Swedish founders in April were ordered jailed for one year and fined $3.6 million.
"We would like to introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site," said Global Gaming CEO Hans Pandeya, in a statement.
Full Article-
http://www.informationweek.com/news/int ... =218101960
The Pirate Bay Bought, Goes Legit
- HaGGardSmurf
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Re: The Pirate Bay Bought, Goes Legit
Wow, do people not understand why we use torrents and illigal file sharing? I bet if this business plan entails anything to do with users paying for a membership or paying per download or anything, there are going to be no users left...
The article says pirate bay is one of the top 100 most visited sites in the world, well say goodbye to that...
The article says pirate bay is one of the top 100 most visited sites in the world, well say goodbye to that...
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Re: The Pirate Bay Bought, Goes Legit
Great I can't wait to start paying. maybe they should change the word pirate to an E.
- HaGGardSmurf
- Ally of Robinhood
- Posts: 4088
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- Location: Alberta, Canada
Re: The Pirate Bay Bought, Goes Legit
nah man ebay has really good deals, this is going to just be a complete, and utter rip off. Sad to see pirate bay is going to be like the least visited site ever, now that they are doing this...docwarbucks wrote:Great I can't wait to start paying. maybe they should change the word pirate to an E.