Hugely popular BitTorrent tracking site The Pirate Bay has been sold to Global Gaming Factory, according to TorrentFreak. With the sale finalized, apparently they will be shutting down the torrent tracker altogether.
The music and movie industries must be doing the jig today.
The site will begin to decentralize itself, where torrent files will not be hosted on Pirate Bay’s servers which according them will keep the service going.