fear.themusicbay.org

For years The Pirate Bay has been a thorn in the side of the music industry, but things could be about to take a turn for the worse. Over the past days rumors of a new project titled “The Music Bay” have been circling, and now a Pirate Bay insider has just confirmed to TorrentFreak that the major record labels have good reason to be afraid, very afraid.

Source

Not that we condone piracy or anything.
I wonder what's to happen.

Interesting, but I can't really think of how much they could do. If I had to guess I'd say it'd be a grooveshark system, where you can choose to download the tracks you listne to (or albums). That'd be weird to do over p2p though, still, should be interesting.