Archive for the ‘VideoBay’ tag
VideoBay
The founders of the Pirate Bay recently launched Video Bay, a video-sharing site. The launch of this site came the same day when the controversial Pirate Bay site was sold to a Swedish software company. Global Gaming Factory, located out of Sweden, purchased the Pirate Bay website for nearly $8 million. This news comes recently after the Pirate Bay’s three founders and investor were found guilty of assisting in copyright infringement and ordered to pay a collective fine of nearly $4 million as well as being sentenced to a year in prison. The founders appealed this judgment and were denied. Pirate Bay has more than 20 million users and although does not store any copyrighted material, streams its content through its BitTorrent file-sharing technology.
The new owner of the site is considering utilizing a new model by compensating content providers. Global Gaming Factory said “We would like to introduce models which entail that content providers and copyright owners get paid for the content that is downloaded via the site.” The Video Bay site is comparable to that of Google’s YouTube and comes with the warning “Don’t expect anything to work at all.” The site offers a variety of music videos and television clips.