Pirate Bay sold to Global Gaming Factory - bit-tech.net Forums

CardJoe · 30th Jun 2009, 11:56

http://www.bit-tech.net/news/bits/20...ming-factory/1

The Pirate Bay has been sold to a Swedish firm called the Global Gaming Factory and will begin to go totally legit.

mjm25 · 30th Jun 2009, 12:00

confusing! are Global Gaming Foundry really going to fight the good fight when the lawyers wade in? ...i don't know.

impar · 30th Jun 2009, 12:18

Greetings!

Nah. GGF knows that content owners need to be "compensated" by the use of its contents.

Quote:

Acquisitions of The Pirate Bay and new file sharing technology, P2P 2.0
- Pave the way for compensation model
...
Following the completion of the acquisitions, GGF intends to launch new business models that allow compensation to the content providers and copyright owners. The responsibility for, and operation of the site will be taken over by GGF in connection with closing of the transaction, which is scheduled for August 2009.

"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.

Great timing, though.
After the european elections, where someone from PirateParty got a seat on the European Parliament, and just after the courts legitimized the judge that handled the TPB trial.

Dreaming · 30th Jun 2009, 12:32

It's Napster all over again tbh.

soluto · 30th Jun 2009, 12:33

This whole deal smells fishy. Anyway you read it it stinks. [/url]

p3n · 30th Jun 2009, 13:00

wat

MajestiX · 30th Jun 2009, 13:20

even if they redistribute the funds to copyright owners, they will demand more then reasonable.

never works else why are they still trying to sell cd's

sofalover · 30th Jun 2009, 13:23

Urm...wont people just start going to alternate torrent sites when this one goes 'legit'?

He pays millions for basically a web domain, what a tool.

Kode · 30th Jun 2009, 13:48

This could be a good thing,

Quote:

Originally Posted by TPB

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.

If that is true, thats a fair amount of money for the cause.

I dont think the video bay is part of the piratebay sale, but i dont know for sure.

impar · 30th Jun 2009, 13:51

Greetings!

Quote:

Originally Posted by Kode

This could be a good thing, If that is true, thats a fair amount of money for the cause.

A foundation needs staff, staff needs to get paid, who do you think the foundation will hire?

Cupboard · 30th Jun 2009, 13:52

So its no longer going to be the Pirate Bay?

Kode · 30th Jun 2009, 13:56

Quote:

Originally Posted by impar

Greetings!

Quote:

Originally Posted by Kode

This could be a good thing, If that is true, thats a fair amount of money for the cause.

A foundation needs staff, staff needs to get paid, who do you think the foundation will hire?

I have no problem with it hiring whoever it wants, there needs to be some kind of concerted effort to push these issues, and the guys from thepiratebay are already public figures, who better to run with this?

TGImages · 30th Jun 2009, 13:57

So does this mean the "guily 4" now have enough money to pay the fines that the court levied against them? Or more likely to pay off their lawyers? In their "rebuttal" after the case they mentioned that they aren't paying the fine as they don't have the money and even if they did they wouldn't on principal. So now that it looks like they will have the money.....

Kode · 30th Jun 2009, 14:00

they arent getting the money, its going into a foundation, plus the 4 people on trial dont own thepiratebay it changed hands in 2006 so theres no way, i believe, that the court can get this money.

Kode · 30th Jun 2009, 14:03

From Twitter (Translated)

Daniel Goldberg:
@ brokep Is this correct? http://bit.ly/1YR0m

Peter S Kolmisoppi:
@ danielg0ldberg Yes.

Daniel Goldberg:
@ brokep What a thing! Who gets the money? Who owns the TPB?

Peter S Kolmisoppi:
@ danielg0ldberg Foreign company, with demands from our side to finance a fund for internet projects. We get no money.

Daniel Goldberg:
@ brokep Cool. What do you mean internet project? Will you not have to use the money to cover the damages?

Peter S Kolmisoppi:
@ danielg0ldberg Internet Project in the form of political activism, etc. TPB changed hands in 2006 already to not be sued.

Daniel Goldberg
@ brokep Congratulations, the scoop! Who is the owner of TPB today?

Peter S Kolmisoppi:
@ danielg0ldberg It's partly why we've have been so sure that lawsuits against us is pointless in the end :-)

Peter S Kolmisoppi:
@ danielg0ldberg I do not think that I may say for legal reasons. But they are people we trust. And have conditioned things too..

dyzophoria · 30th Jun 2009, 15:00

if you can't beat them, buy them i guess,lol

DXR_13KE · 30th Jun 2009, 15:08

the pirate bay site is being hammered....

Necrow · 30th Jun 2009, 15:20

It might be a deal to change to name of the owners so Peter, Daniel and Co. don't go to Jail ..who knows? It does seem like a very small amount of money for something that has such a large audience and possible income sources. Imagine - if they charged €1 to register to access PB, thats €100 there easily.

impar · 30th Jun 2009, 15:30

Greetings!

Quote:

Originally Posted by Kode

... and the guys from thepiratebay are already public figures, who better to run with this?

Someone who isnt a convicted criminal?

Kode · 30th Jun 2009, 15:46

Quote:

Originally Posted by impar

Greetings!

Quote:

Originally Posted by Kode

... and the guys from thepiratebay are already public figures, who better to run with this?

Someone who isnt a convicted criminal?

Convicted by a judge who was in league with pro copyright bodies, ratified by another judge linked to these... Until they have been through the appeals procedures nothing is certain.

30th Jun 2009, 11:56	#1
CardJoe Player Character bit-tech Staff Join Date: Apr 2007 Posts: 7,943	Pirate Bay sold to Global Gaming Factory http://www.bit-tech.net/news/bits/20...ming-factory/1 The Pirate Bay has been sold to a Swedish firm called the Global Gaming Factory and will begin to go totally legit. __________________ this is joe's non-bit-tech blog

30th Jun 2009, 12:00	#2
mjm25 Hiiyaaaa Join Date: Jan 2009 Location: Kent, England Posts: 220	confusing! are Global Gaming Foundry really going to fight the good fight when the lawyers wade in? ...i don't know. __________________ EP45-UD3R, QX6800, 8GB Ballistix 6400 4-4-4-12, 4870x2, All in a CoolerMaster CM690! And now using... Windows 7, it's luuuuurvely

30th Jun 2009, 12:32	#4
Dreaming Supermodder Join Date: Jan 2007 Location: The University of York Posts: 501	It's Napster all over again tbh. __________________ Dreaming C2D E6300 @ 2.8 \| \| Abit IP35 Pro \| \| 4GB Corsair XMS2 800 \| \| BFG 8800GTS OC2 320MB \| \| 500GB Western Digital for OS + 1500GB Seagate for Storage \| \| Antec NeoHE 550 \| \| Lian Li PC A05B \| \| Samsung 226BW 22"

30th Jun 2009, 12:33	#5
soluto What's a Dremel? Join Date: Jun 2009 Posts: 1	Pirate Bay Gone Kosher? Naw!! This whole deal smells fishy. Anyway you read it it stinks. [/url] Last edited by yodasarmpit; 30th Jun 2009 at 21:16.

30th Jun 2009, 13:52	#11
Cupboard I'm not a modder. Join Date: Jan 2007 Location: Bury St Edmunds/Durham Uni Posts: 1,841	So its no longer going to be the Pirate Bay? __________________ i7 920, 8800GTS 512, 6GB Corsair all in an Intel DX58SO; 3*320GB RAID5; CM Stacker Samsung Q45.

30th Jun 2009, 13:00	#6
p3n Hypermodder Join Date: Jan 2002 Posts: 732	wat

30th Jun 2009, 13:20	#7
MajestiX Multimodder Join Date: Apr 2002 Location: Australia Posts: 122	even if they redistribute the funds to copyright owners, they will demand more then reasonable. never works else why are they still trying to sell cd's

30th Jun 2009, 13:23	#8
sofalover What's a Dremel? Join Date: Aug 2005 Posts: 7	Urm...wont people just start going to alternate torrent sites when this one goes 'legit'? He pays millions for basically a web domain, what a tool.

30th Jun 2009, 13:57	#13
TGImages Grandpa Join Date: Aug 2004 Location: Illinois, US Posts: 160	So does this mean the "guily 4" now have enough money to pay the fines that the court levied against them? Or more likely to pay off their lawyers? In their "rebuttal" after the case they mentioned that they aren't paying the fine as they don't have the money and even if they did they wouldn't on principal. So now that it looks like they will have the money.....

30th Jun 2009, 14:00	#14
Kode Multimodder Join Date: Jan 2008 Location: Birmingham, UK Posts: 234	they arent getting the money, its going into a foundation, plus the 4 people on trial dont own thepiratebay it changed hands in 2006 so theres no way, i believe, that the court can get this money.

30th Jun 2009, 14:03	#15
Kode Multimodder Join Date: Jan 2008 Location: Birmingham, UK Posts: 234	From Twitter (Translated) Daniel Goldberg: @ brokep Is this correct? http://bit.ly/1YR0m Peter S Kolmisoppi: @ danielg0ldberg Yes. Daniel Goldberg: @ brokep What a thing! Who gets the money? Who owns the TPB? Peter S Kolmisoppi: @ danielg0ldberg Foreign company, with demands from our side to finance a fund for internet projects. We get no money. Daniel Goldberg: @ brokep Cool. What do you mean internet project? Will you not have to use the money to cover the damages? Peter S Kolmisoppi: @ danielg0ldberg Internet Project in the form of political activism, etc. TPB changed hands in 2006 already to not be sued. Daniel Goldberg @ brokep Congratulations, the scoop! Who is the owner of TPB today? Peter S Kolmisoppi: @ danielg0ldberg It's partly why we've have been so sure that lawsuits against us is pointless in the end :-) Peter S Kolmisoppi: @ danielg0ldberg I do not think that I may say for legal reasons. But they are people we trust. And have conditioned things too..

30th Jun 2009, 15:00	#16
dyzophoria Multimodder Join Date: May 2004 Location: Home Posts: 160	if you can't beat them, buy them i guess,lol __________________ [FONT=Lucida Console]picture this..[/FONT] // [FONT=Tahoma][FONT=Fixedsys]picture that..[/FONT][/FONT]

30th Jun 2009, 15:08	#17
DXR_13KE Madeira's banana is the best!!! Join Date: Sep 2005 Location: Madeira ; Portugal Posts: 6,466	the pirate bay site is being hammered.... __________________ *Renegade X - 0.40 Release!* <---- CLICK!

30th Jun 2009, 15:20	#18
Necrow Minimodder Join Date: Feb 2009 Posts: 24	It might be a deal to change to name of the owners so Peter, Daniel and Co. don't go to Jail ..who knows? It does seem like a very small amount of money for something that has such a large audience and possible income sources. Imagine - if they charged €1 to register to access PB, thats €100 there easily.