Filed under: Business, News, P2P
Lack of investors takes wind out of Pirate Bay sale - or does it?
The Pirate Bay's recent surprise decision to sell to gaming company Global Gaming Factory and become a legal operation shocked fans of the popular torrent site. Now, it looks like the arrangement may fall through, after all.Torrentfreak is reporting that Wayne Rosso, the former CEO of Grokster who spent two weeks working with GGF to close the deal, has walked away from GGF and is not optimistic that they can raise the money to buy the Pirate Bay. The Pirate Bay crew are reportedly giving GGF a week to show them the money.
Rosso reported that GGF's plan isn't in good enough shape to attract the necessarily investors. Apparently, GGF didn't even pay Rosso what he was owed for his services. With only a week left for GGF to confirm the necessary investors, the Pirate Bay's future is in flux again. According to Peter Sunde of the Pirate Bay, though, there are no definite plans for the Pirate Bay if this acquisition doesn't work out.
Nevertheless, GGF boss Hans Pandeya remains steadfastly optimistic. Metro.se (translated) reports him as saying "a group of investors are prepared to inject 30 million SEK" to make the purchase happen. He's also pegged August 27th as the date the deal will go down.
Pandeya also mentioned ongoing negotiations with four major content providers - Universal Music, Sony Music, EMI, and Warner Music - and claimed discussions with one have reached the "final phase." Of course, that final phase could be one label telling him to shove off once and for all.
Based on Rosso's feedback, we'll just have to wait and see if Pandeya is telling the truth or talking out his...aft?






With Halloween fast approaching, it's a great time to get in some practice defending your territory against zombies. In Graveyard Shift, you take aim at zombies and other creepy-crawlies, blasting them into splatters of cartoony green guts. It's a casual first-person shooter, and it's very easy to get the hang of - use the mouse to aim, click to fire. Graveyard Shift has at least 15 levels, and it might even have some secret stages I haven't unlocked yet.
They key to getting good at Graveyard Shift is learning to use ...
