Pirate Bay suitor GGF set for deal with record label

Aug 05, 2009
Supporters of the website The Pirate Bay, one of the world's top illegal filesharing websites, demonstrate in Stockholm in April 2009. Global Gaming Factory (GGF), the Swedish online games firm set to acquire illegal download site The Pirate Bay, said it was close to signing a record deal with a major record company.

Global Gaming Factory (GGF), the Swedish online games firm set to acquire illegal download site The Pirate Bay, said on Wednesday it was close to signing a record deal with a major record company.

"We almost have a contract ready with one of them," chief executive Hans Pendaya told AFP.

He declined to name which record label GGF was planning to strike an agreement with but said it was one of the "Big Four" from EMI, Universal Music, Sony Music and Warner Music.

Pendaya explained the idea behind the deal was to sell the record label's content and back catalogue through the Pirate Bay, which it agreed to buy at the end of June.

He added GGF's purchase of the popular website is set to be rubber-stamped by shareholders by August 27 at the latest.

The Pirate Bay is one of the world's largest download sites, claiming to have 20 million registered users.

Founded in 2003, The makes it possible to skirt copyright fees and share , film and files for free using bit torrent technology, or peer-to-peer links offered on the site -- yet none of the material can be found on the site's server.

Its three founders and the site's main financial backer were sentenced to a year in jail in April by a Stockholm court.

Their sentencing came at a time when many countries across the world were looking at ways to tighten up the law on .

(c) 2009 AFP

Explore further: A Closer Look: Your (online) life after death

add to favorites email to friend print save as pdf

Related Stories

The Pirate Bay sold to Swedish gaming group

Jun 30, 2009

A Swedish gaming group said Tuesday it would buy The Pirate Bay, one of the world's most popular filesharing sites, for 5.6 million euros (7.8 million dollars).

Swedish court rules out Pirate Bay retrial

Jun 25, 2009

A Swedish court on Thursday rejected calls for a retrial of four men found guilty of promoting copyright infringement by running filesharing site The Pirate Bay, saying the trial judge was not biased.

Judge in Pirate Bay trial may have been biased

Apr 23, 2009

A Swedish judge who found four men guilty of promoting copyright infringement by running filesharing site The Pirate Bay may have been biased and a retrial may be ordered, legal experts said Thursday.

Recommended for you

A Closer Look: Your (online) life after death

7 hours ago

Sure, you have a lot to do today—laundry, bills, dinner—but it's never too early to start planning for your digital afterlife, the fate of your numerous online accounts once you shed this mortal coil.

Web filter lifts block on gay sites

7 hours ago

A popular online safe-search filter is ending its practice of blocking links to mainstream gay and lesbian advocacy groups for users hoping to avoid obscene sites.

Protecting infrastructure with smarter CPS

14 hours ago

Security of IT networks is continually being improved to protect against malicious hackers. Yet when IT networks interface with infrastructures such as water and electric systems to provide monitoring and control capabilities, ...

Apple helps iTunes users delete free U2 album

Sep 15, 2014

Apple on Monday began helping people boot U2 off their iTunes accounts after a cacophony of complaints about not wanting the automatically downloaded free album by the Irish rock band.

Habitual Facebook users: Suckers for social media scams?

Sep 15, 2014

A new study finds that habitual use of Facebook makes individuals susceptible to social media phishing attacks by criminals, likely because they automatically respond to requests without considering how they are connected ...

YouTube to go offline in India on Android phones

Sep 15, 2014

YouTube users in India will soon be able to save videos from the Google-owned service, making it possible to watch them offline, and the feature will eventually be available globally, the company said Monday.

User comments : 0