Looks like piracy is slowly being deleted from our lives. At this point, you can only look for other torrent websites, just like RarBG. The RarBG shutdown will also affect torrent users from different places in the world. The website is down, and the owners will probably be looking for a different job to focus on. RarBG was the fourth-best torrent website in the world, according to TorrentFreak. The RarBG shutdown surely came as a surprise to thousands of website users from around the world, and they are in search of a replacement for the famous torrent hub. You can read the full statement below: Above is the message released by an admin What now? After an anonymous vote, the team decided to cease operations and announce the RarBG shutdown news in a statement. RarBG has surely been in a tough place for the past couple of years, and the remaining members can’t cover the expenses out of their pockets anymore. RarBG’s admin also added that some of the people on the team are “fighting the war in Europe, on both sides.” It doesn’t end there are the increasing power prices, and inflation have also put the website in a tough situation. The admin revealed that “some of the people on the team died due to COVID complications,” while others are still suffering side effects of it, which restricts them from being able to work again. Moreover, the “unfortunate” chain of events happening in the past couple of years on earth also had a huge impact on the RarBG shutdown decision, as revealed by one of the website admins.Īccording to the announcement, the last two years were very hard for the Bulgaria-based website and contributors. The legislation pushed European countries to ban website one by one, and people either used VPNs to connect to the network or gave up using the website. The website has had tough times lately, mainly due to the digital rights laws introduction. RarBG shutdown decision came as a surprise Why did RarBG shut down? RarBG specialized in English-language “high-quality video releases, but listed other content as well,” and now they have ceased operations. Although the website quickly attracted visitors from around the world, the BG in its name refers to Bulgaria. RarBG was established in 2007 as a BitTorrent tracker for Bulgaria. One of the biggest torrent sites in the world, RarBG, has recently shut down and ceased operations, but what is the reason behind the RarBG shutdown? The company launched its new live streaming app, and there is talk about another media project code-named “BitTorrent Now.Torrents are widely used almost in every place on Earth, and there are a couple of hubs where people share or find the files they look for. It brought in two new CEOs, and is getting ready to open a studio space in Los Angeles. As a result, BitTorrent was forced to lay off dozens of staffers last year.Įarlier this year, BitTorrent and its investors made the decision to double down on media in order to bring in new revenue streams. BitTorrent currently sells ads for CPM rates as little as $0.10 on a self-serve basis. This part of its business has virtually disappeared, and advertising within the company’s legacy clients hasn’t been able to replace it. The company once made most of its money with bundled software, helping Yahoo and others to install their browser tool bars. Klinker’s strategy was controversial within the company, especially because it was unclear how much revenue BitTorrent could generate with Sync, which is free for private use. At the same time, BitTorrent’s legacy revenue stream has been on the decline. He instead aimed to paint BitTorrent as a privacy-conscious technology company, providing tools that were less prone to surveillance than products from established cloud storage providers. However, Klinker shied away from full-on embracing digital media, in part because he was concerned about backlash from rights holders who still view the company as a facilitator of piracy, according to a source familiar with the matter. And BitTorrent founder Bram Cohen had been working on a P2P-powered video streaming technology for some time. Separately, BitTorrent was looking to give artists tools to publish and monetize their works by tapping into the company’s massive audience - BitTorrent’s legacy file sharing clients still see some 170 million monthly active users, according to company data.
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