Linked by Thom Holwerda on Wed 1st Jul 2009 21:28 UTC, submitted by Kishe
The story around The Pirate Bay acquisition seems to be developing fast. The torrent search engine was bought by Global Gaming Factory yesterday, and they promised to build a legal P2P distribution network where content providers and copyright holders get compensated. In an exclusive interview with the BBC, GGF's Hans Pandeya detailed the business plan they have in mind for TPB.
Permalink for comment 371279
To read all comments associated with this story, please click here.
To read all comments associated with this story, please click here.
Recent Original Stories
Recent Comments
Headlines
Random Comments
Random Stories
Random OS Link
Member since:
2005-07-06
I suspect the buyers understand how the stock market works. Their stock is up over 100% on the anouncement.
My gut feeling is that this is a pure stock market and PR play from GGF. Last week no one had heard of this company, now they're on the front page of news sites around the world. Two weeks from now the deal will fall through on some technicality, GGF will be out almost no money at all, but still have an amazing PR buzz on which to build something else on. Perhaps even use that buzz to launch some other project that they've been working on.
But that's just me being cynical