Posted by dumis in 
The Pirate Bay has confirmed the news (see their commentary below) :
Last April, the founders of The Pirate Bay were sentenced to one year in jail and a fine of $3.6 million for running the site, which is one of the world largest for downloading files on the Internet (one of the 100 most visited websites in the world according to the press release). The case had been brought on by a number of groups from the music and movie industry.
For that reason, GGF has stated that The Pirate Bay requires a new business model, which “satisfies the requirements and needs of all parties, content providers, broadband operators, end users, and the judiciary.”
Global Gaming Chief Executive Hans Pandeya didn’t give a lot of detail about what type of business model it has planned for the file-sharing service, and only said:
