The Pirate Bay to Charge Users a Monthly Fee
It was reported that The Pirate Bay was sold last month for $7.8 million. In the past few days there has been a lot more news about how The Pirate Bay will change within the new ownership and how they plan to turn the site into a legal entity.
The new owners GGF have appointed a new CEO Wayne Rosso who has previous experience in failing p2p services – came out with a few crucial additional details on the site’s future business model. osso said that under the new management, the 3.7 million Pirate Bay users (or whatever userbase remains) will have to pay a monthly fee to access the site.
The money collected from user subscriptions and advertising revenue will then be used to pay off the copyright holders. The exact monthly fee is yet to be decided, but Rosso did confirm that the more files people share, the lower it will be.
“The more of your computer resources you contribute to the network, the less you pay down to zero,” Rosso told Cnet.
I dont really think that new owners GGF understand the concept behind The Pirate Bay and that the only reason the community uses the site is because it is free. Thus a Pirate Bay in which users have to pay is going to do little or no traffic compared to the current numbers and thus will have an impact on advertising revenues, thus them not being able to pay copyright holders and then losing content.
I think The Pirate Bay guys have the right idea about selling the site and then moving on to a completely new project like The Video Bay.
