In an effort to legitimise the Pirate Bay its new owner, Global Gaming Factory, plans to pay users to host content as part of mass peer-to-peer network.

“We’re a publicly listed company, so whatever we take over has to be legal,” said CEO of GGF, Hans Pandeya. “To be legal, you have to have content providers who are paid. That’s what we want.”

The new system could also see data transmitted for ISPs who are having trouble with the ever increasing traffic of the internet.

It was only yesterday it was announced that the Pirate Bay was being taken over. There has been widespread concern on the web that the takeover was the beginning of the end for the Pirate Bay. Today’s announcement will only fuel that concern. If GGF plan to pay hosts then it might not be long until they begin to charge for content as well.

(via gamesindustry.biz)