Pirate Bay Buyer Global Gaming Factor Under Pressure from Record Labels

kingdingeling - August 7, 2009 04:06AM in Internet

Shortly after the Pirate Bay lawsuit was over, the Swedish based internet cafe operator Global Gaming Factor (GGF) aquired the Pirate Bay. The planned business model was to make users pay a small fee to be able to download the media provided, therefore following the idea of the iTunes store. However, GGF might just have some problems soon. Some European record label CEOs wrote a letter to the Swedish government asking them to pressure GGF to turn over any money they use to aquire the Pirate Bay to the labels, instead of to Peter Sunde Kolmisoppi, the owner.