p2pnet.net – the original daily p2p and digital media news site:

Some of the largest BitTorrent sites on the web have decided to sell their sites to Searching Unlimited LTD. They’ll work together in an effort to monetize the BitTorrent search engines, and create more innovative projects.

All BitTorrent admins who sell their site will own a part of Searching Unlimited LTD, the parent company. However, they all will continue to own and operate the site they sell us. Additionally they will get pay and advertising revenue share of both their old company and any new projects they help create or support.