It appears now, however, The Music Bay is well on its way to becoming a reality and TF says the record industry should be "very afraid" of its presence.
The subdomain fear.themusicbay.org has been displaying a "coming soon" headline recently, with no other details.
TF spoke with a Pirate Bay 'insider' who said:
The music industry can’t even imagine what we’re planning to roll out in the coming months. For years they’ve complained bitterly about piracy, but if they ever had a reason to be scared it is now. It will be a special surprise for IFPI’s 78th birthday, and we’re thinking of organizing a huge festival in Rome where IFPI was founded.
The IFPI, one of the major music trade groups in the world, will turn 78 in April.
Written by: Andre Yoskowitz @ 23 Jan 2011 22:33