Jo Oliver

Labels Look to Block Pirate Bay Founders From Sale Profits

Authored by Mark Hefflinger on August 7, 2009 - 9:15am.
San Francisco - The major record labels, through their IFPI trade body, are pressuring Global Gaming Factory to turn over any money they tender to purchase file-sharing hub The Pirate Bay to them instead, CNET News.com reported. Global Gaming Factory agreed in June to acquire The Pirate Bay for $7.8 million, and turn the service into a legitimate, copyright-respecting operation.