The Pirate Bay, bane to Hollywood, is in the process of being acquired by a Swedish gaming company called “Global Gaming Factory X AB” (GGF) for 60M Swedish Kroner ($7.8M dollars) – 30M in cash, and 30M in stock. To put that in perspective, the fine levied against the four defendants in the Pirate Bay trial was equal to 30M Kroner. (Hmm…)
Not that the money from the sale will be used to pay the fine – the 60M is, according to the Pirate Bay Blog, the money will be going to fight The Pirate Bay’s political battles in Sweden and the EU:
The old crew is still around in different ways. We will also not stop being active in the politics of the internets - quite the opposite. Now we're fueling up for going into the next gear. TPB will have economical muscles to let people evolve it. It will team up with great technicians to evolve the protocols. And we, the people interested in more than just technology, will have the time to focus on that. It's win-win-win.
The profits from the sale will go into a foundation that is going to help with projects about freedom of speech, freedom of information and the openess [sic] of the nets.
Global Gaming Factory, on the other hand, is going to try to take the PirateBay towards the “Napster” route – promising that they will go legal, and compensate copyright owners, disappointing Pirate Cat.
“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.
Good luck with that. The value for any company is in the Pirate Bay’s userbase, but the value for the users is illegal torrents. Going legit – well, just look at Napster. When was the last time you bought something from Napster? Hell, when was the first time you bought something from Napster?
Shutting down the Pirate Bay, of course, will harm copyright infringement just as much as shutting down Napster harmed music piracy; already, Peter Sunde is talking about decentralizing the servers.
No one is completely sure what’s going to happen to The Pirate Bay after this; and, proving that you can’t spell “conspiracy” without “piracy,” there’s a theory on the Internet that Big Hollywood set up GGF as a front company in order to buy out the Pirate Bay. ($7.8M is small change to an industry claiming billions or trillions of dollars in losses due to piracy.) Plausible? Yes. Probable? No.
But in any case, either The Pirate Bay will become decentralized or the users will move to other decentralized network to get their fix – which means that enterprises currently tracking non-business critical traffic from BitTorrent downloads by focusing only on The Pirate Bay’s one tracker server will have to readjust their configurations on the fly – and respond quickly to changing traffic patterns.
