The site, which currently attracts 10 million unique visitors per month, has seen enormous growth over the past month, mainly thanks to its ability to search most of the bigger BitTorrent sites. The policy change will eliminate that last fact and could end YouTorrent's enormous popularity.
Patrick, one of founders of YouTorrent, explained: “Due to the uncertain nature of the source and accuracy of the results returned by some engines, we have decided to reduce our engine selection to ones that claim the provision of licensed, certified content.”
That isn't all though. Along with the policy shift the owners are hoping to sell the site as well. “The YouTorrent project has grown very quickly and unfortunately is not in line with the owning companies core business,” Patrick added.
“We have had some interest [to buy] from some parties. On that basis, we have presented the site to other parties in the space to see if there is interest there also.”
In the end, it seems this is what was planned from the beginning and the site could net the founders millions of dollars. Not to bad for 4 months of work.
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Written by: Andre Yoskowitz @ 14 Apr 2008 18:27