The Pirate Bay acquired, going legit?

June 30th, 2009, 06:37 AM

Engadget is reporting that The Pirate Bay has sold out to Global Gaming Factory for $7.8 million USD.

According to a press release, "GGF intends to launch new business models that allow compensation to the content providers and copyright owners."

You can read it straight from TPB's blog, here:
The Pirate Bay - The world's largest BitTorrent tracker

There is also a Press Release, here:
MarketWatch.com Story

Mike

June 30th, 2009, 07:42 AM

hope everything will be same with the new owner too and it would be really great if its legit all the way.

i watch a lot of world cinema (films from japan to brazil and anything in between) which i would never been able to as they would never hit the theater in this part of the world nor the dvds would have been readily available.

June 30th, 2009, 07:46 AM

btw who will bear the litigation and all the bad things

July 1st, 2009, 09:15 PM

This just keeps getting worse...

Suspicions of Insider Trading Surround Pirate Bay Buyers | TorrentFreak

Quoting

Shares in GGF rose dramatically yesterday on the news that the company is set to acquire The Pirate Bay. However, about a week ago equity marketplace Aktietorget shut down trading of GGF�s stock after unusually large trading volumes led to a rapidly increasing stock price, prompting suspicions of illegal trading.

Mike

The Pirate Bay acquired, going legit?

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The Pirate Bay acquired, going legit?