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May 19, 2007 10:08 AM PDT

The Pirate Bay sees buried treasure in streaming video

by Caroline McCarthy
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The Pirate Bay, a BitTorrent file tracking site based in Sweden, hinted in a blog post on Friday that it has begun navigating the high seas of streaming video. The site had been hyping up a "surprise" in recent weeks, and still won't give much detail, but it has confirmed that it is indeed a video project. "As a treat I can tell you--YES--we're going to do a video streaming site," the blog post wrote. "It's true. It's in the works being done right now and as usual we put a bit of Pirate Bay mentality behind every project we do." Yo-ho-ho and a series of tubes, indeed.

The news was then reported on Mashable.

The Pirate Bay made headlines in February when it announced plans to purchase its own sovereign state as a way to flee its legal problems. (It was a plan so wacky and convoluted, you'd think Captain Jack Sparrow were at the helm.) However, that endeavor has since been buried, walked the plank, been sent to Davy Jones' locker, or some other sickeningly corny reference to pirates that means "scrapped."

Caroline McCarthy, a CNET News staff writer, is a downtown Manhattanite happily addicted to social-media tools and restaurant blogs. Her pre-CNET resume includes interning at an IT security firm and brewing cappuccinos. E-mail Caroline.
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