The World’s most popular Torrent site ‘The Pirate Bay’ has been sold out to a software company for $8 million. The company ‘Global Gaming Factory X’ will acquire it in August, 2009. Read the Official Blog post from The Pirate Bay for more info. regarding this.
The New owners have stated that they are going to change the business model of the site. The Pirate Bay is used for download Movies, Games and Software for free. But the new owners are likely to make it paid or remove all the pirated stuff that is more than 90% and keep only legal content on the site, that changes the meaning of the word ‘Pirate’. They have also stated that they will also pay Copyright holders for their stuff which is downloaded from the site. The site will also close its Trackers soon and would be no longer hosting torrent files.
So what does it mean! New Beginning or The END?
So, according to officials, The Pirate Bay is changing completely. We are yet not sure completely how they are going to manage the site now, but The Pirate Bay is saying it will not change, only owners are changed, read what it says -
“A lot of people are worried. We're not and you shouldn't be either! 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.”
The Pirate Bay blog post gives fans a relief but it is clear that Pirate Bay will continue but not in the same way, if users have to pay for the content, they will use other official sites instead. What do you think about The Pirate Bay? Is it going to die or it will remain the same Pirate Bay?




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