Swedish software firm buys The Pirate Bay for £4.7m


	Swedish software firm buys The Pirate Bay for £4.7m

Mohir

6-30-2009 1:41 PM

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tags:

internet, software, p2p

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fa611091-cd0c-4077-acdf-29170cb301d2/AD9E1205-EFE4-4FA5-B706-A08EBEC541DC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm" href="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><P class="stand-first-alone" id="stand-first">Global Gaming Factory X buys file-sharing site The Pirate Bay, promising that copyright holders will get paid</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.guardian.co.uk/img/AE7E3BA2-CA0D-4A0F-890A-3EF66C2C934C" alt="pirate bay demonstrators" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><P>The Swedish software firm, <A href="http://www.globalgamingfactory.com/" linkindex="33">Global Gaming Factory X</A>, has bought the file-sharing site The Pirate Bay for almost £4.7m. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><P>GCF CEO Hans Pandeya said that to continue, The Pirate Bay would have to develop a new business model. "We would like to introduce models which entail that content providers and copyright owners get paid." </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><P>In April, the founders of The Pirate Bay were <A href="http://www.guardian.co.uk/technology/2009/apr/18/pirate-bay-prison-sentences-sweden" linkindex="34">sentenced to one year in jail and fined £2.4m</A>. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/media/pda/2009/jun/30/pirate-bay-bought-by-swedish-firm"><P>Global Gaming Factory also acquired Peerialism, a "next-generation file-sharing" company which started with research at the KTH Royal <BR />Institute of Technology and SICS, Swedish Institute of Computer Science.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AD9E1205-EFE4-4FA5-B706-A08EBEC541DC/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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