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VOD Site Voddler Gets Another $3.5 Million In Funding

Feb 8, 2010 7:27 AM

Swedish film streaming site Voddler, still in beta, has picked up a further 26 million Swedish kronor (£2.25 million, $3.5 million) in funding. This round comes from Eqvitec Partners and brings the total amount that Voddler has received up to SEK150 million (£13 million, $20.2 million), according to a spokesperson…

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Posted In: Media & Publishing, TV, VOD, Money, M&A & Venture Capital, Venture Capital, Countries, Europe, Sweden, eqvitec partners, voddler

Swedish Music Biz Says 80-Percent Rise In Digital Sales Shows Piracy Is Waning

Nov 24, 2009 11:22 AM

Has the tide turned against bedroom P2P file-sharers in the music industry’s epic fight against piracy? The IFPI’s branch in Sweden—the home of illegal file-sharing—is reporting that Swedish music sales rose 18 percent in the first nine months of the year, after seven years of consecutive decline, following the introduction…

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Posted In: Entertainment, Music, Technologies / Formats, P2P, Countries, Europe, Sweden

After Running Aground, New Pirate Bay Acquisition Chatter Is Afloat

Oct 28, 2009 8:56 AM

Global Gaming Factory X (GGF)‘s much-hyped and now defunct bid to buy BitTorrent tracker The Pirate Bay was a ship that never sailed. But more bidders could be on the horizon… Swedish games download site Gamersgate.com and, bizarrely, GGF CEO Hans Pandeya are amongst them, according to DI.se (via Thelocal.se).…

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Posted In: Technologies / Formats, P2P, Countries, Europe, Sweden, Scandinavia

Pirate Bay Acquisition Deadline Passes; Still No Sale

Oct 1, 2009 6:21 AM

There seems to be as much chance of Global Gaming Factory X buying the Mary Celeste as it buying The Pirate Bay. The company’s shaky, non-specific and uncertain SEK60 million (£5.38 million) attempt to buy the Swedish P2P tracker has been well documented, but now the game may finally be…

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Posted In: Entertainment, Movies, Music, Technologies / Formats, P2P, Countries, Europe, Sweden

Would-Be Pirate Bay Buyer Faces Bankruptcy Filing

Sep 21, 2009 5:29 AM

After being kicked off the Swedish stock market for not providing evidence of the funds needed to buy giant BitTorrent tracker The Pirate Bay, Sweden’s Global Gaming Factory X is facing a bankruptcy filing from a former director claiming to be owed more than SEK1.3 million (£116,000).

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Posted In: Entertainment, Gaming, Movies, DVD, Music, Technologies / Formats, P2P, Countries, Europe, Sweden

Apple Says It Has Approved App From Music Service Spotify

Aug 27, 2009 2:13 PM

Apple (NSDQ: AAPL) says it has approved an iPhone app from Spotify, a music service that some people believe represents a growing threat to iTunes. The decision has been closely watched in part because Apple has previously disallowed apps it deems to duplicate core functions of its handset. Speculation had…

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Posted In: Entertainment, Music, Companies, RealNetworks, Countries, Europe, Sweden

Global Gaming’s Pirate Bay Deal Approved By Shareholders

Aug 27, 2009 9:30 AM

The new Pirate Bay is born: Global Gaming Factory X’s long-running and controversial attempt to buy the infamous and often outlawed Torrent-tracking site has been approved by the company’s shareholders. It’s against all the odds: key investors pulled out of the the SEK60 million (£5.1 million) deal in the last…

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Posted In: Entertainment, Gaming, Movies, DVD, Music, Technologies / Formats, P2P, Countries, Europe, Sweden

Pirate Bay Buyer Revises Deal At Eleventh Hour, Faces Market Delisting

Aug 27, 2009 5:15 AM

With hours to go until its deadline, would-be Pirate Bay buyer Global Gaming Factory X is having to perform a financial contortionist act to convince shareholders and market authorities its acquisition can work. Though it last week said funding for the acquisition had been secured, just hours before presenting the…

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Posted In: Entertainment, Gaming, Movies, DVD, Music, Technologies / Formats, P2P, Countries, Europe, Sweden

Interview: Pirate Bay Bidders Hope To Make $40 Million A Month From Ads

Jul 3, 2009 5:23 AM

So how exactly does unlikely Pirate Bay bidder Global Gaming Factory X intend to profit from the scourge of the entertainment industry, and pay content owners? CEO Hans Pandeya, who offered SEK 60 million (£7.4 million) (£4.94 million), tells paidContent:UK he wants to sell users’ unused hard disk space to…

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Posted In: Entertainment, Gaming, Movies, Music, Countries, Europe, Sweden, Scandinavia

Swedish Exchange Investigates Possible Insider Trading Around Pirate Bay Sale

Jul 1, 2009 8:30 PM

Swedish stock exchange officials are investigating whether there may have been insider trading around Global Factory X’s deal to buy Pirate Bay for $7.8 million. “There are reasons to suspect that information was leaked,” a stock market official at the AktieTorget exchange tells Swedish business paper Dagens Industri (via Swedish…

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Posted In: Money, M&A & Venture Capital, Technologies / Formats, P2P, Countries, Europe, Sweden

The Party’s Over: Software Firm Buying Pirate Bay, Will Go Legit

Jun 30, 2009 5:54 AM

Swedish publicly listed software company Global Gaming Factory X says it wants to buy The Pirate Bay SEK60 million ($7.8 million) and will begin compensating copyright ownersfor material its users find and download. GGF announced today said it will also buy P2P technology company Peerialism and plans “to launch new…

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Posted In: Entertainment, Gaming, Movies, Music, Legal, Technologies / Formats, P2P, Countries, Europe, Sweden

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