June 30, 2009 3:22 AM Subscribe
The Pirate Bay will be sold to a Swedish listed software company. The press release states that the intention is to "introduce models which entail that content providers and copyright owners get paid for content that is downloaded via the site". Other stabs at this worked out less than brilliantly. The purchase amount (60MSEK of which half cash/half in stocks) matches the fine a bit too closely, but the founders states that the money are going into a foundation to promote freedom of speech, freedom of information and the openess of the nets. Pirate ideals or gold loot on Booty Island? Stay tuned...
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