The new pirate bay will pay for your content
 

So if you own a shitty old site without members: just upload it to pirate bay, 1 movie or photoset at the time of course, join other paysite owners, hire 100.000 South Korean surfers to download it, and then ask for "compensation". Time for payback :thumbsup

Seriously. How MANY are going to let their content stay??
Keep in mind that you will probably not only get a fraction of what your content is worth, but you must also calculate the 90% affiliates that will stop promoting you - if you choose to let it stay.

the deal has pretty much fallen through so that's outdated news.

going to leave be before gideon gets here ... bye ...

Yep, from what I understand the deal is dead.

That's the "new economy." On the other hand, you COULD say it would be another income stream... provided they actually paid you.

And it would have depended on what they paid the person. If was anything less then current market value (or very close to it) I don't see big companies taking the money, they would just have it removed.

Awesome! heh ...

Well, the deal with pirate bay might not happen, but the same model is still an option. Also for other projects.

When speaking of market value, I also included the loss of affiliates. Because why would affiliates promoting something that is cheaper on another site, and thereby with worse ratio for the initial website?

Additionally, it would be an impossible task for pirate bay to set the compensation "price" in each situation. They would have to create some standard compensations..

I can not see how this would work at all, because it conflicts with the philosophy of free trade and free markets. Whether it is a company or government interference, they can not take other peoples property and then place it on "sale" like that. "oh... I'm sorry.. here is some dollars for you.." It will only work if they ask in advance.

Yep, and as far as price goes I don't think a lot of big companies would be willing to take just a blanket "share". For example a song sells for about 99 cents on many different sites like amazon and itunes. So if a record label was getting anywhere near that amount, say 60-70 cents per download, from a deal like this they would probably be really happy. At the same time a DVD can run anywhere from $10-$20 on the norm. They probably wouldn't be to happy getting 60-70 cents a download.

I would also think that in order to pay for this they might have to change up the way the site itself runs. As it is it generates some nice money, but if they start paying fines and profit share and things like that the income could decline quickly and if they change the site too much the users will leave it behind.