June 30th, 2009 | by Stan Schroeder
This was almost immediately confirmed by The Pirate Bay. Although the title of their post is entitled “TPB might change owner,” from the text of the post it is obvious that the site has indeed been sold.
Global Gaming Factory CEO Hans Pandeya:
“The Pirate Bay is a site that is among the top 100 most visited Internet sites in the world. However, in order to live on, The Pirate Bay requires a new business model, which satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary. Content creators and providers need to control their content and get paid for it. File sharers’ need faster downloads and better quality”