The Pirate Bay Is Dead
June 30, 2009 - 1 Comment
If you haven’t heard by now, The Pirate Bay is being acquired by software company Global Gaming Factory X. GGF will acquire the torrent/file sharing website in August 2009 and will change the business model so that artists will be paid royalties for their work according to the TorrentFreak blog.
A sad time for lots of Pirate Bay fans out there for sure. This will inevitably be the end of an era in my opinion. Despite what the press release says, I believe the site will never be the same. Will they keep the free-spirited, defiant attitude of the old Pirate Bay? I sincerely doubt it.
Don’t get me wrong. I’m behind the artists getting paid 150% but the RIAA and big record companies are greedy and only a small percentage of the money actually goes to the artists on any music sale. Of course The Pirate Bay isn’t just about music. It’s also host too millions of other files as well such as movies and television shows. I guess, in the end we’ll just have to wait and see what happens. The current owners of The Pirate Bay lost a huge lawsuit and with that looming over their heads, it’s bound to be one of the reasons for the sale but that is purely speculation on my part. Should The Pirate Bay have sold out? I think they should have sold for more than $7.8 million if they were going to sell at all, but that’s just my humble opinion.
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