YouTorrent looks for buyers

Mon Apr 14 2008, 08:52 AM

BitTorrent meta-search engine YouTorrent is trying to sell itself only four months after the launch. The startup, which lets users search for 'torrents' across the web, has now restricted its service to sites hosting legal torrents and officially put itself on sale.

Deal Details

“The YouTorrent project has grown very quickly and, unfortunately, is not in line with the owning companies core business,” one of the startup managers named merely as 'Patrick' told blog TorrentFreak. “We have had some interest to buy from some parties. On that basis, we have presented the site to other parties in the space to see if there is interest there also.”

On the decision to limit its search functionality to sites which provide licenced, certified content, 'Patrick' says it is "due to the uncertain nature of the source and accuracy of the results returned by some engines".

YouTorrent is believed to attract around 10m visitors per month but does not generate revenues, as the service is ad free.

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