News Pirate Bay sold to Global Gaming Factory

http://www.bit-tech.net/news/bits/2009/06/30/pirate-bay-sold-to-global-gaming-factory/1

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

 

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

 

Greetings!

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

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.

 

It's Napster all over again tbh.

 

Pirate Bay Gone Kosher? Naw!!

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

 

wat

 

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

 

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.

 

This could be a good thing,

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.

 

Greetings!

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

 

So its no longer going to be the Pirate Bay?

 

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?

 

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.....

 

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.

 

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..

 

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

 

the pirate bay site is being hammered....

 

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.

 

Greetings!

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.