The Associated Press is reporting that a Dutch court has given The Pirate Bay just ten days to block traffic to its site. Failing to comply will result in a fine of €30,000 euros ($42,000) per day. The written ruling ordered TPB to “to stop and keep stopped the infringements on copyright and related rights of Stichting Brein in the Netherlands”
The Netherlands-based Stichting Brein is a group funded by several copyright-holder organizations, the AP reports.
Global Gaming Factory hopes to relaunch TPB with a new business model, one that pays royalty fees to copyright holders. Under the new system, users would pay a small monthly fee based on a seemingly complex formula tied to their PCs’ computing resources and content consumption.
In its current incarnation, The Pirate Bay provides its 20 million-plus users with an index of BitTorrent files. The site allows users to trade copyright-protected material, including music, movies, and video games.
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