The Pirate Bay Sold To Software Company !!TPB DEAD!!

Status
Not open for further replies.

naveen_reloaded

!! RecuZant By Birth !!
According to gaming company Global Gaming Factory X, it is in the the process of acquiring The Pirate Bay for $7.8m (SEK 60 million). The acquisition is scheduled to be completed by August and will see the site launch new business models to compensate content providers and copyright owners.

Software company Global Gaming Factory X (GGF) says it is in the process of acquiring The Pirate Bay and file-sharing technology company Peerialism. GGF claims to have the biggest network of internet cafés and gaming centers in the world.

The changeover of ownership is scheduled for August 2009, whereby GGF will take over the operation of the site.

The company says that after it has completed the acquisition it will launch new business models so that copyright owners get paid, which is clearly a huge diversion from TPB’s previous modus operandi.

“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.

“The Pirate Bay is a site that is among the top 100 most visited Internet sites in the world. However, in order to live on, The Pirate Bay requires a new business model, which satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary,” said Pandeya.

“Content creators and providers need to control their content and get paid for it. File sharers’ need faster downloads and better quality,” he added.

GGF will acquire the site’s domain names and sites for SEK 60,000,000 ($7.8 million) - SEK 30,000,000 in cash and the rest in newly issue shares.

File-sharing technology company Peerialism will also be acquired by GGF for a total of SEK 100 million, of which at least SEK 50 million will be in cash.

According to GGF, Peerialism has developed a new P2P distribution technology which will be used on The Pirate Bay. The technology is said to be backwards-compatible with BitTorrent although details are scarce at the moment.

At the time of writing, shares in GGF are up 155% - this will quickly become outdated, so check here for latest stats.

This is breaking news and this article will be updated constantly - please keep checking back.


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

paroh

Padawan
Code:
*www.globalgamingfactory.com
also put the news on there website(FRONT PAGE OR HOME PAGE)


Acquisitions of The Pirate Bay and new file sharing technology, P2P 2.0
- Pave the way for compensation model

The listed software company, Global Gaming Factory X AB (publ) (GGF) acquires The Pirate Bay website, *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.

"The Pirate Bay is a site that is among the top 100 most visited Internet sites in the world. However, in order to live on, The Pirate Bay requires a new business model, which satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary. Content creators and providers need to control their content and get paid for it. File sharers' need faster downloads and better quality" continues Hans Pandeya.
» Download full pressrelease
» Download full pressrelease in Swedish

» Click here to proceed to our website

Media Relations:
+46 706 552 436

CEO Hans Pandeya:
+46 733 164 210
 

sujoyp

Grand Master
hans pandeya CEO of GGF:))

but this is not a indian company I hope....TPB was one of the most visited website for its large number of torrents...


may TPB site goes down in peace:twisted::lol:
 

Dark Core

Freak Beta 1
*gigasmilies.googlepages.com/20.gif *gigasmilies.googlepages.com/20.gif *gigasmilies.googlepages.com/20.gif
 
I dont think TPB owners will take this lying down, I guess they'll be exploiting another loop-hole in the Swedish law, and be back in about 3-4 months with a new name.

Hopefully. :|
 

rhitwick

Democracy is a myth
*s269.photobucket.com/albums/jj44/visio159/Unismilies/13large.png *s269.photobucket.com/albums/jj44/visio159/Unismilies/26large.png
I dont think TPB owners will take this lying down, I guess they'll be exploiting another loop-hole in the Swedish law, and be back in about 3-4 months with a new name.

Hopefully. :|
Come-on...look wat they have written on their site,

"TPB is being sold for a great bit underneath it's value if the money would be the interesting part. It's not. The interesting thing is that the right people with the right attitude and possibilities keep running the site.
As all of you know, there's not been much news on the site for the past two-three years. It's the same site essentially. On the internets, stuff dies if it doesn't evolve. We don't want that to happen.

If the new owners will screw around with the site, nobody will keep using it. That's the biggest insurance one can have that the site will be run in the way that we all want to. And - you can now not only share files but shares with people. Everybody can indeed be the owner of The Pirate Bay now. That's awesome and will take the heat of us."

They have done it and now providing excuses for it.

I'll miss TPB.......
*s269.photobucket.com/albums/jj44/visio159/Unismilies/9large.png
 

rhitwick

Democracy is a myth
If its TPB today, it can be any site tomorrow. TPB was strong so the battle ended in a take over, but for other sites they would just shut down.
 

Gowt1ham

Gowt1ham
its a security company tht has bought pirate bay.......it will track all users of corse.

But I dont think they will take trouble to come and file a case in India......hahaha.......I cant wait for such a thing to happen here.:grin:
 

NucleusKore

TheSaint
Anyway it's on their blog too
*thepiratebay.org/blog

TPB might change owner

Yes, it's true.

News reached the press today in Sweden - The Pirate Bay might get aquired by Global Gaming Factory X AB.

*s269.photobucket.com/albums/jj44/visio159/Unismilies/10large.png
 
OP
naveen_reloaded

naveen_reloaded

!! RecuZant By Birth !!
they are saying that they are moving to the next level which they were working for some years now...

all i am saying is dont write off TPB yet... may be TPB can be written of .. but its crew is still active and they are working on something.

apporva...... TPB tracked nearly 80-90 % of the torrents.. ( recent statistic )...

definetly tpb will be replaced by mininova , demonoid , and torrentreactor and others ...


always remmeber guys...




------------------- WE JUST LOST ONLY ONE HEAD OF THE HYDRA -----------------





cheers... TPB crew are to something .. lets give some time to them .... who knows we can see new protocol for sharing which they have been working for some time.... fingers crossed
 
OP
naveen_reloaded

naveen_reloaded

!! RecuZant By Birth !!
User deletion

We are going to build a user deletion interface later today. Many people have asked about having their account removed and we will not force anyone to stay on of course.

However, we also want to point out that we have no logs of anything, no personal data will be transferred in the eventual sale (since no personal data is kept). So no need to be worried for safety. We always care for that.

It also feels a bit sad to see the comments on the previous blog entry. We understand that you're upset. But we have reasons to do this that we cannot ignore. We need to keep the site going and this is the only working alternative. We cannot finance the growth of the site anymore and we cannot back down. The only way is up and this is the only route to that place.

The support we had, is support we still need. We've been fighting for years for you; and yes; you have supported us in that endevour. We still need you, even if you abandon the site. The important thing is that you keep sharing and keep on saving the internets. We will try to do that, but right now, we need and deserve a break. Some things needs to be reborn and rebooted. Let's make this into something good!


this is the latest blog entry from them....
 
OP
naveen_reloaded

naveen_reloaded

!! RecuZant By Birth !!
User deletion

We are going to build a user deletion interface later today. Many people have asked about having their account removed and we will not force anyone to stay on of course.

However, we also want to point out that we have no logs of anything, no personal data will be transferred in the eventual sale (since no personal data is kept). So no need to be worried for safety. We always care for that.

It also feels a bit sad to see the comments on the previous blog entry. We understand that you're upset. But we have reasons to do this that we cannot ignore. We need to keep the site going and this is the only working alternative. We cannot finance the growth of the site anymore and we cannot back down. The only way is up and this is the only route to that place.

The support we had, is support we still need. We've been fighting for years for you; and yes; you have supported us in that endevour. We still need you, even if you abandon the site. The important thing is that you keep sharing and keep on saving the internets. We will try to do that, but right now, we need and deserve a break. Some things needs to be reborn and rebooted. Let's make this into something good!


this is the latest blog entry from them....
 

vamsi_krishna

Human Spambot
Come on man. It's been only 2 days since i found that there is P0rn section in TPB. Man, this is insane. I want TPB to exist. Atleast for that section.... :razz:
 
Status
Not open for further replies.
Top Bottom