http://www.quintessentialpublications.com/tracyrtwyman/?p=991
Pirate Bay Sells Out to Global Gaming Factory
By Tracy R Twyman
From Switched.com:
The Pirate Bay has been bought out by European Internet café company Global Gaming Factory and will be adopting a pay model in the near future. When faced with the legal wrath of the entertainment industry, the popular torrent-sharing site once adopted a devil-may-care attitude and brushed off lawsuits like they were nothing. Not anymore — it seems that the pirates are selling out. No word on what the pay model will be, but this reeks of Napster 2.0.
And from EndGadget.com:
It’s true, The Pirate Bay has agreed to being purchased by Global Gaming Factory (owner of a network of Internet cafes and gaming centers) for 60 million Swedish Krona or roughly $7.8 million. According to a press release, “GGF intends to launch new business models that allow compensation to the content providers and copyright owners.” In a post on TPB’s blog, the rogue file sharing site says that the project has been in the works for many years and should help evolve the site while trying to stay the same.
The search engine on piratebay.org is presently “overloaded.”
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