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Pirate Bay Announces Sale to Swedish Company For $7.8 Million, dies an hour later
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Posted 2009-06-30, 09:37 AM
The Pirate Bay is to be bought for $7.8 million by Global Gaming Factory X, a Swedish company specializing in internet café management software, the company has announced. As well as taking over the controversial brand, GGF has also bought Peerialism, a small IT company with roots at Sweden's Royal Institute of Technology, which has developed a new file sharing technology. The acquisitions mean that GGF will be at the heart of 'the international digital distribution market,' allowing it to introduce a new pay model for file sharing.

Update: Global Gaming Factory have confirmed (according to Dagens Nyheter, a respected news outlet in Sweden) that "Users of The Pirate Bay will have to pay to download music and movies. Those who seed material will be able to profit from doing so."

Last edited by Chruser; 2009-06-30 at 04:43 PM.
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Posted 2009-06-30, 09:48 AM in reply to Babylon's post "Pirate Bay Announces Sale to Swedish..."
That's retarded.
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Posted 2009-06-30, 09:51 AM in reply to !King_Amazon!'s post starting "That's retarded."
As you remarked on ICQ, it's possible that traffic spikes have brought them down. However, they have been perfectly fine during previous spikes, e.g. just after the creators received their sentences.
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Posted 2009-06-30, 10:16 AM in reply to Babylon's post "Pirate Bay Announces Sale to Swedish..."
Chruser said: [Goto]
Interestingly, The Pirate Bay stopped working about 20 minutes ago; approximately an hour after the news was made public. A DDoS attack seems unlikely, so perhaps the company that procured TPB was a shell company for the RIAA/MPAA?

It still works fine for me - the site and torrents I'm downloading.
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Posted 2009-06-30, 12:03 PM in reply to Babylon's post "Pirate Bay Announces Sale to Swedish..."
This blew my mind. Oh well.
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Posted 2009-06-30, 12:34 PM in reply to Grav's post starting "This blew my mind. Oh well."
I can't blame them, but it's a total sell out based on their previous actions.
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Posted 2009-06-30, 04:12 PM in reply to Willkillforfood's post starting "I can't blame them, but it's a total..."
Post updated with disastrous news.
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Posted 2009-06-30, 04:34 PM in reply to Babylon's post starting "Post updated with disastrous news."
Eee, that's a swizz and no mistake.

The internet being the internet, however, means that people will just move to a different site. I'll be very surprised if members of TPB don't start up a new site to fill the void.
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Posted 2009-06-30, 06:05 PM in reply to Lenny's post starting "Eee, that's a swizz and no mistake. :(..."
Horrible idea, since many artists couldn't care less if their work was pirated.
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Posted 2009-06-30, 08:10 PM in reply to Babylon's post "Pirate Bay Announces Sale to Swedish..."
More: http://thepiratebay.org/blog/164
 
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Posted 2009-07-01, 02:12 PM in reply to Goodlookinguy's post starting "More: http://thepiratebay.org/blog/164"
I didn't have to pay for my Rise Against album download.
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