An anonymous reader writes "A piece of software called 'Popcorn Time' drew a lot of attention last week for encapsulating movie torrents within a slick, stream-based UI that made watching pirated films as easy as firing up Netflix. The app ran into trouble a few days ago when it was pulled from its hosting provider, Mega, and now Popcorn Time's creators say they're shutting it down altogether. They say it was mainly an experiment: 'Piracy is not a people problem. It's a service problem. A problem created by an industry that portrays innovation as a threat to their antique recipe to collect value. It seems to everyone that they just don't care. But people do. We've shown that people will risk fines, lawsuits and whatever consequences that may come just to be able to watch a recent movie in slippers. Just to get the kind of experience they deserve.' However, the software itself isn't a complete loss — the project is being picked up by the founder of a torrent site, and he says development will continue."