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Entertainment Industry Sees Piracy as Major Threat

"People working in the entertainment industry see digital piracy as a major threat to their businesses, according to a new study by In-Stat/MDR.

"In a survey of film and TV industry workers, nearly half said illegal theft of entertainment content threatened their bottom lines, In-Stat said Tuesday. About 27 percent of those surveyed said they had already lost revenue because of piracy. The survey was taken by 1,806 people working in the variety, broadcasting, cable and news sectors.

"The entertainment industry is trying to grapple with illegal downloading of music from the Internet, as well as file sharing and the use of peer-to-peer software. These efforts got a boost last month, when the U.S. Supreme Court agreed to hear a case on whether companies that produce file-sharing software can be held legally responsible when people use their products to swap copyrighted material.

Dinesh C. Sharma. Piracy Hits Hollywood in the Wallet. News.com. Jan. 4, 2004.

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Written by sesomedia

01/07/2005 at 08:43

Posted in Uncategorized