BREAKING: The Pirate Bay Sold For $7.8 Million

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    Date: 
    1 July 2009

    Today, Swedish software company Global Gaming Factory X AB has announced it has acquired The Pirate Bay website for 60 million SEK, which is roughly the equivalent of $7.8 million USD.

    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.

    Two facts strike the eye: the incredibly small amount for which The Pirate Bay was sold, compared to its huge popularity and worldwide influence, and the fact that the site which has always been perceived as independent and quite controversial, was sold at all. The second fact explains the latter: yes, The Pirate Bay is one of the top 100 visited websites in the world, but it (and its owners) is also encumbered by the recent loss of a very important lawsuit.