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  LiveWire / Technical Forums / Web Sites & Internet / Viewing Topic

The Pirate Bay sells for $7.8 million
Replies: 10Last Post July 1 5:52am by oink
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( oink )


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http://torrentfreak.com/the-pirate-bay-sold-to-software-company-goes-legal-090630/

http://torrentfreak.com/the-pirate-bay-closes-its-tracker-removes-torrents-090630/

http://torrentfreak.com/pirate-bays-peter-sunde-discusses-the-sites-future-090630/

http://thepiratebay.org/blog/164

Wonder what will happen, and what the new company will do


9:34 am on June 30, 2009 | Joined: Oct. 2008 | Days Active: 238
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fuck knows

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9:34 am on June 30, 2009 | Joined: Oct. 2007 | Days Active: 519
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How much were they fined again?

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9:35 am on June 30, 2009 | Joined: Mar. 2005 | Days Active: 980
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Fuck though, they're making it all legal and shit?

Bollocks.

I guess it's back to demonoid.

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9:36 am on June 30, 2009 | Joined: Mar. 2005 | Days Active: 980
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Quote: from Dissilusioned at 5:35 pm on June 30, 2009

How much were they fined again?

30 Million sek, $7.8 million is 60 million sek but now the pirate bay is a company with shares so they are paying the founders 30 million sek in cash and 30 million in shares. Apparently the money is going to other 'internet projects'

BBC have an article on it too - http://news.bbc.co.uk/1/hi/technology/8127050.stm

Quote: from Dissilusioned at 5:36 pm on June 30, 2009


Fuck though, they're making it all legal and shit?

Bollocks.

I guess it's back to demonoid.


The company that bought it said they would pay royalties, what will actually happen god knows...

Post edited at 9:38 am on June 30, 2009 by oink


9:37 am on June 30, 2009 | Joined: Oct. 2008 | Days Active: 238
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Quote: from Dissilusioned at 5:35 pm on June 30, 2009

How much were they fined again?
The owners (I think 6 of them) were fined $1 million each and a years jail time if I remember correctly.

I read it earlier on Engadget, and it's slightly sad to be honest, I hope it doesn't deter from their main aim, but a commenter made a fair point. If they change their ways from the current TPB, no-one will use it and their visitors will drop.

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9:38 am on June 30, 2009 | Joined: Feb. 2007 | Days Active: 755
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Quote: from Dissilusioned at 12:36 pm on June 30, 2009

Fuck though, they're making it all legal and shit?

Bollocks.

I guess it's back to demonoid.


Never left Demonoid...

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inkblot

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Ooopsy... That's unfortunate.

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Pirate Bay’s Peter Sunde has informed TorrentFreak that the site will soon decentralize and stop running a BitTorrent tracker of its own. Instead they will encourage their users to use a yet to be launched third party tracker for their torrents.

To decentralize even further, the torrents that will be listed on the site wont be hosted on The Pirate Bay’s servers anymore. In the near future the site will use a new torrent hosting service that will store the torrents for them. This new hosting service will be open to other torrent sites as well and can be accessed through an API.

In the end The Pirate Bay is making these changes to ensure that the BitTorrent ecosystem stays intact no matter what happens, Peter Sunde told TorrentFreak. By decentralizing the different aspects they hope that BitTorrent users will be less reliant on the uptime of The Pirate Bay’s servers alone. The burden will now be spread among several independently operated services.

For now it remains a mystery what GGF CEO Hans Pandeya meant with “We would like to introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site.” That’s worrying to say the least.

In addition, GGF also acquired Peerialism who apparently have developed a new P2P distribution technology which will be used on The Pirate Bay. How this related to the new tracker and external torrent hosting remains unknown.

We’re trying to get confirmation and more details from GGF as soon as possible.

Update: According to Johan Sellström, the CTO of Global Gaming Factory, the plans have changed after Peter Sunde talked to us. “We had discussed closing it down initially so I think that’s why he said so. The plan is to use technology from Peerialism that makes bandwidth utilization more efficient and then it would not make sense to shut it down,” he said, adding. “Peerialism will modify the tracker but it will be backwards compatible. But all this is subject to change if for some reason it would not work. It is our ambition to do so.”


Gives the impression they really don't know what they are doing yet.


9:42 am on June 30, 2009 | Joined: Oct. 2008 | Days Active: 238
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They should shut it down along with all the other illegal torrent sites.

Fucking hippies, get a job and pay for your shit.


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http://news.bbc.co.uk/1/hi/technology/8128551.stm

Pirate Bay will be legal now, wonder how quickly their userbase will leave


5:52 am on July 1, 2009 | Joined: Oct. 2008 | Days Active: 238
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