Warner Bros. Acquires Pirate Bay for $13.37 Billion
Wednesday, April 1, 2009 1:00PM - By Morelli
In a press release, The Pirate Bay announced a deal with Warner Bros. that sold the file sharing site for $13.37 billion. After years of hostility, the conflict between the largest Bittorrent tracker and the media conglomerate has finally been resolved, with cash. Both parties seem happy with the agreement, as the press release says:
“”The Pirate Bay team has built an exciting and powerful media platform that complements Warner Bros’s mission to organize the world’s information and make it universally accessible and useful,” said Jim Kjeyzer, CEO of Warner Bros.”