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Intellectual Property Law

: IPKat

Pirate Bay site sold to Swedish gaming company

By Johanna Gibson, David Pearce, Jeremy Phillips and Ilanah Simon.

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Another chapter in the Pirate Bay saga (see the IPKat's collected (earlier) Pirate Bay postings here). The BBC today reports that the file-sharing site has been sold to the Swedish gaming company Global Gaming Factory, who has reportedly paid 60m Swedish kronor (£4.7m) for its famous purchase.

Global Gaming Factory was quick to announce in a very un-piratey manner that it would start paying copyright fees for all content linked to via the Pirate Bay site. Hans Pandeya, head of Global Gaming Factory, is cited by the BBC as saying "We would like to introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site. ... Content creators and providers need to control their content and get paid for it."

Peter Sunde, one of the famous four founders of the Pirate Bay site, is reported to have told the Swedish news agency TT: "We feel that we can't take The Pirate Bay any further. ... We're in a bit of a frozen situation where there's not much happening and there are neither people nor money to develop things."

It is not yet clear how Global Gaming Factory will charge for the download. The Pirate Bay site will be transferred in August. Whether this move will in any way affect the Pirate Bay founders appeal in the criminal proceedings, seems doubtful, says the IPKat. At least, it should ensure that Frederik Neij, Gottfrid Svartholm Warg, Carl Lundstrom and Peter Sunde will be able to pay their defense lawyers, muses Merpel.

Full post as published by IPKat on June 30, 2009 (boomark / email).

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