suraj.sun sends in this excerpt from CNet: "One of the most recognizable brands in the history of illegal downloading is due to officially resurface, perhaps as early as next week, sources close to the company told CNET News. Only this time the name Kazaa will be part of a legal music service. Altnet and parent company Brilliant Digital Entertainment attached the Kazaa brand to a subscription service that will offer songs and ringtones from all four of the major recording companies. For the past few months, a beta version has been available. The company tried recently to ratchet up expectations with a series of vague, and what some considered misguided, press releases. The site will open with over 1 million tracks." The NYTimes has a related story about how the music industry is trying to convert casual pirates by offering more convenient new services.

suraj.sun writes "The music industry will attempt to seize money paid to acquire the Pirate Bay. A couple of weeks back the Global Gaming Factory, a Swedish software company, announced that it would acquire the Pirate Bay for $7.8 million. Since then the company has been touting a new business model and even hiring executives, such as Wayne Rosso, the former Grokster president, to legally obtain content from film and music industries. What remains to be seen is how that sale might be affected by attempts by the music industry to collect the $3.6 million damages that a Swedish court awarded it in April. Alex Jacob, a spokesman for the IFPI, said that the group has always intended to collect the damages award, but now, should the sale go through, music execs know that the original Pirate Bay operators have access to the money." According to CNet, the four original Pirates claim they no longer own the company and that no money from the sale will go to them.