Torrentfreak: “Kim Dotcom & Baboom Sever All Ties” plus 2 more |
- Kim Dotcom & Baboom Sever All Ties
- Pirate Bay Founders Celebrated in Promo Bay Tribute
- Wounded Warrior Project Sues ‘Rival’ Over Copyright
| Kim Dotcom & Baboom Sever All Ties Posted: 02 Oct 2014 02:32 AM PDT
In addition to being the first Dotcom collection distributed commercially, the album was also notable for soft-launching Baboom. The fledging music service was to provide the platform for the entrepreneur’s assault on the major label-controlled recording business. From the beginning Baboom’s stated aim was to disrupt the music industry by closing the gap between artists and fans, rewarding the former with most of the profits. The latter would be put in a win-win situation via free ad-supported music streaming. The one constant that remained throughout was Kim Dotcom himself, a person with whom the service was inextricably linked, both financially and from branding and marketing perspectives. Today, however, that has all come to an end. According to a new Particulars of Shareholding document filed this morning, Coatesville Trustee Services Limited – Dotcom’s family trust – has sold all of its shares in Baboom. Before the sale Michael Sorensen’s Vig Limited, which also holds 13044 shares (9.97%) in Mega.co.nz, held 45% of Baboom’s shares. Company documents reveal that Vig now owns 90% after Dotcom’s family trust shares were transferred to the company. The new Baboom shareholding
As can be seen above, the remaining 10% is held by Xavier Buck of Dicé Invest. In November 2013, Buck, who is also a director at Domaintools, said he would be heading up MEGA Europe. Perhaps the most curious element of Dotcom’s exit from the business is the language being used by Baboom chief executive Grant Edmundson. While he wishes the Baboom founder well, a single sentence distances Dotcom from the company in every possible way. “The transaction means Dotcom no longer has any equity or role in Baboom, nor any relationship with the company,” Edmundson said. “Kim is moving on to focus on other projects and both camps wish each other well with future plans.” TorrentFreak spoke with Edmundson and asked if Dotcom’s exit from the company had been his choice alone, Baboom’s, or by mutual agreement. He told us that he would not comment on matters between shareholders. However, when questioned on whether Baboom’s brand would be affected by the departure of its founder, Edmundson was more forthcoming. “In terms of the impact on Baboom, my view is that the Baboom service will now be able to be judged on its own merits rather than being assessed on the brand equity (or otherwise) of its shareholder base,” the Baboom CEO said. Kim Dotcom did not immediately respond to a request for comment. Baboom is currently trying to raise US$3.98m (NZ$5.05m) and a listing on the Australian Securities Exchange. The company sought to raise the funds from investors in return for 11.5% of its shares with the offer closing in July, but that deadline was amended to make it open-ended. Baboom is scheduled to debut in the fourth quarter of 2014, although no firm launch date has been provided by the company. Update: Kim Dotcom has taken to Twitter: Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services. |
| Pirate Bay Founders Celebrated in Promo Bay Tribute Posted: 01 Oct 2014 10:51 AM PDT
The initiative, known as The Promo Bay, attracted 10,000 applications in a matter of months, and has exposed dozens of artists to hundreds of millions of views, at zero cost to them. Many bands have been featured to date, but the group currently featured on the front page could be one of the best ‘fits’ to date. Dubioza Kolektiv are an already successful band that have been selling records and playing festivals all around Europe for the past 11 years. Their views on the music industry are a great match for The Pirate Bay. “We live in a fast changing world and the music industry is really struggling to maintain the monopolistic role they’ve enjoyed for decades,” Dubioza bass player Vedran Mujagić told TorrentFreak. “They perceive this freedom of expression and ability to share culture and knowledge in the digital age as a major threat to their profits and they employ really ugly methods in trying to suppress these practices.”  The seven piece group, who hail from Bosnia and Herzegovina and promote their style as a fusion of hip-hop, reggae, dub and rock, are currently front and center on The Promo Bay with a track from their new EP, and things are working out perfectly. “We sent the video of our song ‘No Escape (from Balkans)’ and our new EP ‘Happy Machine’ to Pirate Bay and now the video has been on the TPB homepage for a little more than 48 hours. It resulted in big traffic and more than 200,000 views of our video on YouTube – and it keeps growing,” Vedran reveals. “This was really great because the song and Dubioza Kolektiv got exposed to people who would otherwise might never have heard of the band – from Siberia to South Africa. Reactions and comments have been really positive so far.” But while ‘No Escape‘ has captured the big views so far, the second track from the EP has been flying under the radar. It’s an infectious ska-influenced romp that was written with the jailed founders of The Pirate Bay in mind. “Free.mp3 (The Pirate Bay Song) is dedicated to founders of thepiratebay.org website,” the band reveals. “Gottfrid Svartholm Warg a.k.a. Anakata and who is currently being held in solitary confinement and is facing six-year prison sentence in Denmark and Peter Sunde Kolmisoppi a.k.a. brokep who is incarcerated in Sweden.” The track, which is upbeat, cheerful and extremely catchy, begins with a couple of BitTorrent terms and recounts how file-sharing scares the music industry. Lines including ‘We don't give a shit about a copyright law we take it from the rich and give it to the poor’ give way to Games of Thrones downloads and name checks for Kim Dotcom, Barack Obama and Wikileaks. “We admire enthusiasts like people from The Pirate Bay, people like Edward Snowden, people from Wikileaks – who are fighting big corporations and governments – not for profit but because they believe in these ideals, even at the price of their own personal freedoms. It is always inspiring to see people who are finding the way to outsmart the system,” Vedran says. Dubioza say they aim to deliver positivity “that hits you like a blast of fresh air” and they’ve certainly hit the mark with their attitudes towards file-sharing. Both the new EP and their entire discography have been uploaded in their name on the The Pirate Bay in the past few days and are mirrored on sites including KickassTorrents. Those enjoying the style and the band’s ethos can join them on tour for the rest of the month. Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services. |
| Wounded Warrior Project Sues ‘Rival’ Over Copyright Posted: 01 Oct 2014 07:12 AM PDT Helping the most disadvantaged in society is an honorable aim, so it’s always sad when charitable groups with similar missions choose to fight each other in the courts. Making lawyers rich is not what most donors have in mind when they make their contributions. Still, this is the path being embarked on by the Wounded Warrior Project (WWP). The non-profit, which was founded after the events of 9/11 in order to support wounded veterans of the military, says another non-profit is unfairly piggybacking on its image and marketing. Keystone Wounded Warriors is an Eastern Pennsylvania-based non-profit which aids veterans by raising awareness and seeking the public's support for related programs and services. “Funds donated to Keystone Wounded Warriors are used to support local post-9/11 veterans and their families located in or with ties to Pennsylvania,” KWW says. Unfortunately WWP have a number of issues with KWW and have ordered their legal team to resolve them via action in the U.S. District Court for the Eastern District of Pennsylvania. Lawyers for Wounded Warrior Project are seeking an injunction against Keystone Wounded Warriors on several grounds, including copyright and trademark. Firstly, WWP say that the logo used by KWW is too similar to its own. Both use silhouettes to depict scenes of war in which veterans help veterans, and each use a similar font.  According to PennRecord, the Wounded Warrior Project has used its logo for 10 years and received trademark approval in 2005. This trademark, WWP says, has an estimated publicity value of $500 million. In addition to a dispute over WWP imagery allegedly present in photographs of KWW fund-raising events, the Wounded Warrior Project says the Keystone Wounded Warriors mission statement is far too close to their own. WWP promise “To honor and empower Wounded Warriors” while their ‘rival’ claims “To honor, empower, aid, and assist Pennsylvania service members.” While WWP appear to have a reasonable point that KWW’s branding is likely to cause confusion, their demands are such that if KWW lose the case, KWW-supported veterans will suffer. In addition to an advertising campaign to educate donors and the public that the WWP and KWW are not affiliated, WWP is seeking punitive and compensatory damage for any infringements. According to its latest report, Wounded Warrior Project generated revenues of $300 million, up from $200 million the year before. Source: TorrentFreak, for the latest info on copyright, file-sharing and anonymous VPN services. |
Since 2012, The Pirate Bay has been periodically donating its front page to artists looking to increase their profile and reach out to new fans.| You are subscribed to email updates from TorrentFreak To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
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