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View Full Version : Pirate Bay Buyer Also Offered Over $27 Million to Mininova [Piracy]



retroremakes
March 3rd, 2010, 16:40
http://cache.gawkerassets.com/assets/images/4/2010/03/340x_mininova-powered.jpgGlobal Gaming Factory's purchase of The Pirate Bay (http://gizmodo.com/tag/thepiratebay/) was surprising. But even more surprising is that they offered an even bigger sum to Mininova, one of the other huge public BitTorrent trackers.
Apparently, GGF and Mininova had a contract good to go, based on Mininova escaping their court case unscathed. That didn't happen, and now Mininova filters its torrents for copyrighted material, essentially neutering it.
Of course, whether or not GGF actually had $20 million euros to throw at Mininova is debatable. GGF had a month to come up with the $7.8 million it agreed to pay The Pirate Bay after its shareholders approved the deal, and that deadline has passed with nothing happening.
According to TorrentFreak, GGF had big plans to buy up all the major trackers and turn them into legitimate music sites that was on the level with record labels. Exactly how they were going to do this is unclear. Sounds like the worst business plan ever! And with the Pirate Bay deal seeming dead in the water, you've got to wonder just who these GGF guys are and what the hell they were thinking. [TorrentFreak (http://torrentfreak.com/pirate-bay-buyer-offered-millions-to-mininova-100303/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Torrentfreak+%28Torrentfreak% 29)]


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