Pirate Bay’s purchase proves they’re not altruistic | Behind the Music | Helienne Lindvall | Music | guardian.co.uk
The Pirate Bay is not the first company (and, yes, whatever image they tried to portray, it was always a business) to have built their entire existence on making copyrighted material available for free, without asking, or compensating, the people who created the material. As far back as 2000, Napster was in the dock for copyright infringement; in 2008, the brand was bought by the American electronics retailer Best Buy for $121m (£74m). As I’ve previously reported, LastFM built their business on unlicensed music only to sell it to CBS for $280m (£171m). And let’s not forget Google’s purchase of YouTube for $1.65bn (£1bn). For supposedly “altruistic” ventures, these companies sure made a lot of money. Some would argue the artists whose music built these businesses should have received some of that money.

Read the whole article. Couldn’t agree more. I didn’t know all of this background stuff about the Pirate Bay.