There had been rumours abound about The Pirate Bay launching a streaming video site. It has now been confirmed by the TPB guys that they are in fact in the process of building a YouTube competitor.

Some believed the video site might evolve from the idea that is Playble.com â€” a free music site started by Brokep of The Pirate Bay and the Swedish rock band Lamont â€” that aims at compensating artists directly and cutting out record companies. But Pirate Bay admin Brokep has put that rumour to rest.

Up until now, we weren’t completely sure if this was going to be the YouTube killer that TPB fans everywhere have been talking about. But a statement published today on The Pirate Bay Blog outright confirms it:

“YES – we’re going to do a video streaming site. It’s true. It’s in the works being done right now and as usual we put a bit of Pirate Bay mentality behind every project we do.”

And it’s exactly that “Pirate Bay mentality” that, in our opinion, is going to make this site a winner. Think YouTube without Google constantly pulling down copyrighted videos.

Some clever TorrentFreak readers and TPB fans managed to locate the URL of the upcoming YouTube competitor. It is: thevideobay.org. All you can see on the site is a plain page with two lines of text:

only open for beta- and dev-testers.

some is live, most is not. we will open for public when done.

Stay tuned!