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The Pirate Bay Sold To Software Company, Goes Legal
https://forum.specialattack.net/viewtopic.php?t=5906		 Page 1 of 1
Author:  [SpA]SaintK [ 30 Jun 2009, 12:28 ]
Post subject:  The Pirate Bay Sold To Software Company, Goes Legal
Quote:
ccording to gaming company Global Gaming Factory X, it is in the the process of acquiring The Pirate Bay for $7.8m (SEK 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.

Software company Global Gaming Factory X (GGF) says it is in the process of acquiring The Pirate Bay and file-sharing technology company Peerialism. GGF claims to have the biggest network of internet cafés 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 company says that after it has completed the acquisition it will launch new business models so that copyright owners get paid, which is clearly a huge diversion from TPB’s previous modus operandi.

“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 Hans Pandeya, CEO GGF.

“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 Pandeya.

“Content creators and providers need to control their content and get paid for it. File sharers’ need faster downloads and better quality,” he added.

GGF will acquire the site’s domain names and sites for SEK 60,000,000 ($7.8 million) - SEK 30,000,000 in cash and the rest in newly issue shares.

File-sharing technology company Peerialism will also be acquired by GGF for a total of SEK 100 million, of which at least SEK 50 million will be in cash.

According to GGF, Peerialism has developed a new P2P distribution technology which will be used on The Pirate Bay. The technology is said to be backwards-compatible with BitTorrent although details are scarce at the moment.

At the time of writing, shares in GGF are up 155% - this will quickly become outdated, so check here for latest stats.

This is breaking news and this article will be updated constantly - please keep checking back.
Author:  [SpA]futari [ 30 Jun 2009, 12:51 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
interesting 0_o
Author:  [SpA]Dekar [ 30 Jun 2009, 14:22 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
RIP Piratebay? :(
Kinda sounds like they want to make people pay.

I predict it wont be under the top 100 visited websites anymore soon after the change.
Quote:
The profits from the sale will go into a foundation that is going to help with projects about freedom of speech, freedom of information and the openess of the nets. I hope everybody will help out in that and realize that this is the best option for all. Don't worry - be happy!


editeditedit:

Very interesting post:
http://suprbay.org/showpost.php?p=364205&postcount=1
Quote:
12:47 anakata
it WONT become a fucking pay-99c-to-download-a-song service and there will still be a public tracker so, those misunderstandings may be laid to rest
Author:  Greasy_greabo [ 30 Jun 2009, 14:54 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
Quote:
Whatever happens at the end of this case, Pirate Bay wins.
xD
Author:  Lim-Dul [ 30 Jun 2009, 15:13 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
I hope this will improve all the other services they have set up and which I used more than their tracker which is epic fail territory like all public trackers. ;-)

Slopsbox, Bayimg, Pastebay FTW
Author:  staberas [ 30 Jun 2009, 16:01 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
pff Rapidshare anyone ?
Author:  Lim-Dul [ 30 Jun 2009, 16:02 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
Yes, me. :-P
But also Torrentleech because they have dedicated series rippers and with the RSS Downloader I get any episode like 15 minutes after it has finished airing. ^^
Author:  [SpA]Unity [ 30 Jun 2009, 17:15 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
p2p = FAIL!
Author:  [SpA]Scatterbrain [ 30 Jun 2009, 17:17 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
pirate bay will be the new iTunes. you read it here first, folks!
Author:  ZxS [ 30 Jun 2009, 20:41 ]
Post subject:  Re: The Pirate Bay Sold To Software Company, Goes Legal
What's most disappointing is that they have let everyone down.
After parading as defenders for freedom, privacy and free culture they suddenly changed.
They suddenly need for TPB to be sustainable financially.
They suddenly say they need change and evolution after always saying that TPB is here to stay, won't change, nothing changed, etc..
After today how many people can still hold their head high as pirates?
How will freedoms change being given they demonstrated they defeted an "evil monster" that existed thanks to those freedoms?
Everytime we will talk about them [freedoms] and try to promote free exchange and sharing a wound will hurt us.
The wound from their backstabbing dagger.

And even if everyting works for the best, even if sharing goes as usual on the bay, the trust will be gone.
I guess it's the next logical step in educating users how anonymous p2p must truly be: without trust.
Nobody knows anything, nobody knows anyone. No usernames, no records.
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