The value of unlicensed music trafficked on P2P networks in 2007 was $69 billion, according to new MultiMedia Intelligence research, though the researchers warn the value shouldn’t be seen as lost revenue but instead reflects the “fair value” on a per–track basis of traded music files.
“A $69 billion figure is staggering to contemplate, but it effectively illustrates the impact of piracy on the music industry,” according to Rick Sizemore of MultiMedia Intelligence.
Warner Bros has moved to combat rampant piracy in China with its blessing of a new video-on-demand service in the country in form of making new release films available legitimately online.
The joint announcement was made by Marc Gareton, Executive Vice President, International, Warner Bros. Digital Distribution and Shao Yiding, CEO of Union Voole Technology in China.
Warner Bros.’ new release movies, including some that have never been released theatrically in China, will be available to Chinese consumers to rent on VOD to their PCs via Voole.com at a price of between 4 and 7 Rmb per title.
Anti-piracy initiatives continue to unfurl on a global basis, as industry lobbyists encourage government and local trade bodies to take action.
The three strikes rule seems a basic tenet of the new online world order, and while it’s a flexible arrangement, it seems music industry heavies are seeing some success in pushing for that. Continue reading →
There’s a few video clips where author, Matt Mason, talks about the roots and thoughts he’s put forward in his well-recieved book, The Pirate’s Dilemma: How hackers, punk capitalists and graffiti millionaires are remixing our culture and changing our world. We were alerted to a lecture he delivered at the RSA quite recently, which you can take a look at just here, meanwhile, here he is speaking on the topic at a US event a couple of months ago.