<http://schema.org/articleBody>
"It's true, The Pirate Bay has agreed to being purchased by Global Gaming Factory (owner of a network of Internet cafes and gaming centers) for 60 million Swedish Krona or roughly $7.8 million. According to a press release, \"GGF intends to launch new business models that allow compensation to the content providers and copyright owners.\" In a post on TPB's blog, the rogue file sharing site says that the project has been in the works for many years and should help evolve the site while trying to stay the same. Here's how they put it: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.We'll have to wait and see how this pans out but it certainly smacks of a Napster v2 like situation at first blush. Assuming of course the deal closes by August as anticipated.Update: As a hint, perhaps, of what's to come, GGF also announced the purchase of Peerialism, a software company responsible for developing what GGF calls \"P2P 2.0\" file sharing technology. [Thanks, JOKR Solutions]Read -- The Pirate Bay blog postRead -- Press Release"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.engadget.com/2009/06/30/pirate-bay-acquired-by-global-gaming-factory-going-legit-like-n/>