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It's official - the four defendants in The Pirate Bay versus entertainment industry trial have been found guilty in a Swedish court of being accessories to breaching copyright laws.
The court has sentenced each of them to one year in prison.
Additionally, the defendants have been ordered to pay 30 million Swedish crowns ($3.58m).
The Pirate Bay Co-founders Peter Sunde, Carl Lundström, Frederik Neij and Gottfrid Svartholm Warg have already gone on record to say they will appeal the decision.
YouTube on Thursday unveiled an agreement with major Hollywood studios, including Sony (NYSE: SNE), CBS, and Metro-Goldwyn-Mayer, to show their movies and TV shows on a new section of the online video site. YouTube, which is owned by Google (NSDQ: GOOG), has had a rocky relationship with studios, which have criticized the site for not doing enough to prevent users from uploading copyrighted material, such as movie clips, songs and music videos. YouTube's policy is take down such material as soon as it is notified by the copyright holder. The latest deal, announced on a YouTube blog, is a further indication of an easing of tensions. In conjunction with the studio agreement, YouTube also launched a wider roll-out of in-stream ads that site has been testing in videos since last October.
"It's so bizarre that we were convicted at all and it's even more bizarre that we were [convicted] as a team. The court said we were organised. I can't get Gottfrid out of bed in the morning. If you're going to convict us, convict us of disorganised crime. "We can't pay and we wouldn't pay. Even if I had the money I would rather burn everything I owned, and I wouldn't even give them the ashes."
"These guys weren't making a principled stand, they were out to line their own pockets. There was nothing meritorious about their behaviour, it was reprehensible.