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Pirate Bay Sold, Founder Sunde to Retire in Cape Town?

Napster, Inc.
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So the hot news on the interwebs is that the world’s largest torrent tracking site is due to be sold to a private Swedish gaming firm, who will attempt to turn the service legit. Shades of Napster‘s demise loom large, but hopefully this time the record companies and the motion picture association have a bit more foresight and don’t attempt to bully their way completely out of the online era. I’ve always maintained I don’t mind paying a few bucks for legit downloads from a decent music download site.

Whether this is a good thing or not remains to be seen. We’ll have to watch closely as it plays out over the coming months, which means that Peter Sunde’s visit to South Africa to keynote at iWeek 2009 should prove to be a hot event.

One does wonder how he’ll skip out of Sweden with a jail sentence hanging over his head. Perhaps he’s got himself one of those easily obtained fake South African passports?