July 29th, 2009
Hollywood seeks to block Pirate Bay sale
No surprise here: The Wall Street Journal reports that Hollywood is seeking an injunction blocking The Pirate Bay from selling itself to Global Gaming.
Meanwhile, News.com reports that Wayne Rosso, the former Grokster exec hired by GG to manage the legitimization of TPB, has backed out of the deal based on money fears.
“I and my colleagues have very strong doubts that the funding is in place,” Rosso said. “And there are other issues regarding (GG CEO) Mr. (Hans) Pandeya’s credibility that trouble us greatly.”
