Pirate Bay Founders Found Guilty

The high profile copyright infringement case against the four founders of the popular torrent site PirateBay.org were found guilty in Swedish court on Friday. The group has been sentenced to a year in jail and ordered to pay $3.6 million in damages to copyright holders.

The group will be holding a press conference later today at 13.00 CEST (aka Swedish time) or 4am PST. We'll be updating this posting later today as more news rolls in.

Update
The pirate's rejoice and throw a party! During his press conference Peter Sunde aka brokep said they are going to throw a huge party and rejoice. While the initial trial may be over this is just the first step for The Pirate Bay.

TPB responded to the conviction earlier today on the Spectrial page:
On friday we will get the verdict in the trial. We will not make a big deal out of it but we will give everyone a chance to talk to us and get our opinions on whatever the outcome is.

We have to remember that this will not be the final decision, only the first before the losing party will appeal. It will have no real effect on anything besides setting the tone for the debate, so we hope we win of course.

I've embedded the press conference below its a bit long but Peter brings up a few interesting points.

Software pirate to pay $205,000 fine for illegal eBay sales

The defendant also agreed to help authorities ID others involved in the scheme

May 22, 2007 (Computerworld) -- A software pirate who sold illegal copies of Symantec Corp. software on the online auction site eBay Inc. has agreed to pay a $205,000 fine.

In an announcement today, the Software & Information Industry Association (SIIA) trade group, which filed suit in the case on behalf of Symantec -- a SIIA member -- said the defendant has also agreed to assist authorities in identifying the parties who actually made and distributed the illegal software that was sold.

Keith Kupferschmid, senior vice president of intellectual property for the Washington-based SIIA, said the name and location of the defendant is being kept secret under the terms of the settlement.

"We give a certain level of confidentiality in order for us to get additional information," Kupferschmid said. The lawsuit, Symantec et al. v. Chan (a pseudonym) et al., was one of several civil cases brought by the SIIA. Several cases are still pending, as are several criminal cases being brought by the FBI, he said.

The case was originally filed in U.S. District Court in the Central District of California as part of the SIIA's Auction Litigation Program, which was started to monitor online auction sites for illegal software sales and file related lawsuits on behalf of member vendors.

Some 90% of the software sold on auction sites such as eBay is counterfeit, according to studies, Kupferschmid said.

The $205,000 settlement is in excess of the amount the unnamed software pirate made through the sales of the software.

In the lawsuit, the SIIA charged the defendant with infringing on Symantec's copyrights and trademarks in such titles as Norton PartitionMagic, Norton AntiVirus, pcAnywhere and Norton SystemWorks, as well as illegally reselling OEM, unbundled and counterfeit software.

The SIIA says it represents more than 800 members, including software and information companies.