Tuesday, June 30, 2009

Pirate Bay sold to software company

Interesting. I wrote previously about Pirate Bay getting its 22 million users to pay a buck each for its legal fees and how one of the co-founders, Anakata, was rumoured to be in Cambodia. Well, here's the latest.

From torrentfreak.com:
The Pirate Bay Sold To Software Company, Goes Legal
Written by enigmax on June 30, 2009

According to gaming company Global Gaming Factory X (GGF) , it is in the the process of acquiring The Pirate Bay for $7.8m (SEK or Swedish Krona 60 million). The acquisition is scheduled to be completed by August and will see the site launch new business models to compensate content providers and copyright owners...GGF claims to have the biggest network of internet caf├ęs and gaming centers in the world.

The changeover of ownership is scheduled for August 2009, whereby GGF will take over the operation of the site...

“The Pirate Bay is a site that is among the top 100 most visited Internet sites in the world. However, in order to live on, The Pirate Bay requires a new business model, which satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary,” said Hans Pandeya CEO.

1 comment:

Diana Saw said...

Thanks for that. I have just written a blog post to point readers to the vote.
cheers diana


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