I just happened to er, stumble across the Pirate Bay today and they've merged their pirate ship with a Phoenix:

For all the internet-newbies out there, TPB is one of the biggest BitTorrent sites, well-known for thumbing their noses at legal threats made against them. They took advantage of the fact that they were based in Sweden, where US copyright laws don't apply.

The US movie moguls put pressure on the Swedish government however, and TPB's offices got raided recently. Rather than go the way of Napster however, they simply moved to the Netherlands and continued their operations. From their blog:

The big plan is to spread the site on different locations all over the world, so it will be faster and harder to take down. People and companies from various countries have already offered servers, bandwidth and money. 

You can read more about what happened here. The development of intellectual copyright is and interesting debate but I don't have the time to expound on it right now.