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Comment They're not even keeping the money... (Score 5, Informative) 406

On The Pirate Bay blog the TPB crew gives their side of the story.

Idealism is not dead: 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. I hope everybody will help out in that and realize that this is the best option for all. Don't worry - be happy!

Comment This is what happened to their idealism (Score 1) 1

On The Pirate Bay blog the TPB crew gives their side of the story. Idealism is not dead: 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. I hope everybody will help out in that and realize that this is the best option for all. Don't worry - be happy!
Announcements

Submission + - Global Gaming Factory buys The Pirate Bay 1

cibus writes: The Swedish company Global Gaming Factory has bought "The Pirate Bay website" for 60 millions SEK(about $7800000). They also bought Peerialism, a Swedish company specializing in p2p-based distributed storage.

From the pressrelease:
The listed software company, Global Gaming Factory X AB (publ) (GGF) acquires The Pirate Bay website, http://www.thepiratebay.org/ one of the 100 most visited websites in the world and the technology company Peerialism, that has developed next generation file-sharing technology. 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.


Whatever happened to that idealism Sunde and Warg displayed?

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