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Full steam ahead for The Pirate Bay?

p2pnet news view Music:- The Pirate Bay is one step closer to becoming just another corporate brand.

Swedish company Global Gaming Factory (GGF) is still in the middle of a stormy acquisition deal in which John Fanning, Napster creator Shawn Fanning’s uncle and the ex-chairman and of the P2P file sharing application which started it all, is also rumoured to have been involved.

Former spokesman Peter Sunde has departed for sunnier shores and Internet entrepreneur Wayne Rosso, part of early negotiations, also decided The New Pirate Bay wasn’t for him.

Allegations of insider trading levelled at GGF CEO Hans Pandeya (right) have yet to be cleared up and on top of it all, the site has been ordered to close its doors in the Netherlands, at least — or pay $42,300 per day in penalties.

Global Gaming is already contemplating adopting the name as its official corporate brand and now “The future Pirate Bay owners have big plans for the site and according to the CEO there is no doubt that the sale will go through,” says TorrentFreak.

This will include listing it on the US stock exchange, says the story.

Napster, killed and buried by Korporate Kopyright Klan members, and then dug up and re-presented as a Dark Side application, has never come even close to becoming a successful product.

Is TPB under new ownership destined for the same fate? Or will its millions of members around the world stay faithful with Global Gaming and Pandeya as their captain?

And will Vivendi Universal, EMI, Warner Music and Sony Music (not to mention the Hollydud studios), elements of whom are still doing their level best to sink The Pirate Bay, suddenly see it in a favourable new light?

Stay tuned for the next exciting instalment.

Follow p2pnet on Twitter.

John Fanning – Napster’s Fanning bids for The Pirate Bayis
sunnier shores
– Pirate Bay’s Peter Sunde walks the plank, August 3, 2009
insider trading
– Is The Pirate Bay deal turning sour?, July 22, 2009
official corporate brand
– Will GGF become The Pirate Bay?, July 30, 2009
TorrentFreak
– The Pirate Bay to be Traded on NASDAQ, , August 4, 2009


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5 Responses to “Full steam ahead for The Pirate Bay?”

  1. Reader's Write Says:

    and then dug up and re-presented as a Dark Side application, has never come even close to becoming a successful product.

    Oh! Deu!

    As soon as it became RIAA shit it got boycotted!

    I sincerely doubt that this will not hapen with the old TBP.

    Fortunatly the new shiny TBP boat is sailing well. The corporate terrorists and thieves will have hard time to get ride of this one! What these TBP guys have done was brillant! They can corrupt all the justices in the world they want now, the new boat is invicible.

    Fuck the corporate entertainment industry! Kill your butt! We will never buy any shit from you either again even if they were no computer and no world wide network.

    EITHER!

    We don’t need parasites nor criminals in our societies. That is why.

  2. catflap Says:

    after the buyout/sellout, do you think this statement will disappear from the website?

    “…0 torrents has been removed, and 0 torrents will ever be removed.”

  3. Cynix Says:

    “Stay tuned for the next exciting instalment.”

    Gosh, was that sarcasm?!

    Can’t say I blame you.

  4. kylekatarn Says:

    @catflap,

    interesting point :)

    maybe we can think on new “slogans” like

    “0 usefull torrents, 0% free information, 0 real users”

  5. Eric Says:

    “1 statement about torrents has been removed.”

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