The team behind The Pirate Bay have announced that they have sold the site to Global Gaming Factory. Rumours say the site is sold for €5.6m, half cash half stock in Global Gaming Factory. The Pirate Bay team will have a press conference in the next minutes.

TPB is being sold for a great bit underneath it’s value if the money would be the interesting part. It’s not. The interesting thing is that the right people with the right attitude and possibilities keep running the site.
As all of you know, there’s not been much news on the site for the past two-three years. It’s the same site essentially. On the internets, stuff dies if it doesn’t evolve. We don’t want that to happen.

We’ve been working on this project for many years. It’s time to invite more people into the project, in a way that is secure and safe for everybody. We need that, or the site will die. And letting TPB die is the last thing that is allowed to happen!

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. That’s awesome and will take the heat of us.

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 of the nets. I hope everybody will help out in that and realize that this is the best option for all. Don’t worry – be happy!

Global Gaming Factory also acquired Peerialism. Combining both platforms, GGF wants to establish itself as a major player in the digital content distribution sector.

Originally posted on June 30, 2009 @ 6:04 am