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Mininova earned a million euro in 2007

by on12 March 2009

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So much for non-profit making pirate sites


While Pirate Bay
administrators complained that they have not made a cent from their file sharing site, another outfit Mininova is apparently coining it in.

According to Ars Technica Mininova, for instance, earned €600,000 in revenue back in 2006, upping this to a whopping €1,000,000 in 2007. The file sharing site is a legitimate business and runs from a canal-side office in Utrecht, which means it has to post its earnings to the Netherlands Chamber of Commerce each year.

Ars found that in 2007, revenue was €1,037,560 before tax. While most of the cash comes from advertising it also includes revenue from the video service Snotr.com, affiliate partnerships, and various toolbar offerings.

The only difference between Pirate Bay and Mininova is that the company takes down pirated files when it is requested to do so.
Last modified on 12 March 2009
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