Hollywood Says Loses $718 Mln Due to Piracy in Asia
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Rampant movie piracy in the  Asia-Pacific region cost western film producers more than $718  million in lost revenue in 2003, up from $574 million in 2000,  the Motion Picture Association (MPA) said on Friday.
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Six U.S. film studios have filed civil  complaints against Chinese file-sharing firm Xunlei Networking  Technology Co Ltd, part-owned by Google Inc, for copyright  infringement and are seeking more than 7 million yuan ($1  million) in damages and costs, the Motion Picture Association  said.
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Hollywood film studios are to sue people who swap pirated copies of films over the internet. The Motion Picture Association of America (MPAA) said the civil suits would seek damages of up to $30,000 (Â£16,300) per film.
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Back in 2005, the Motion Picture Association of America released a study that blamed 44 percent of the industry's domestic losses on college students illegally downloading movies. Now the Association admits its numbers were wrong.
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(InfoWorld) - A Beijing court has convicted and fined operators of a pirated DVD shop Monday, the Motion Picture Association (MPA) said. The owners of the shop, Beijing Century Hai Hong Trading Co., were found guilty of copyright infringement for selling pirated copies of DVD movies. Judge Song Guang of the Beijing Second Intermediate People's Court ordered the company to pay damages of 164,000 yuan ($20,964) to the copyright holders, and to immediately cease sale of all pirated DVDs. The pirated films sold by Beijing Century Hai Hong were all from MPA member companies, but the MPA did not state which members nor name the films involved in the case, in a Tuesday statement. The MPA is the international arm of the Motion Picture Association of America, the American film industry's lobbying group. It is comprised of Hollywood's largest film studios: Buena Vista International; Paramount Pictures; Metro-Goldwyn-Mayer; Twentieth Century Fox International; Sony Pictures Releasing International; Warner Brothers International Theatrical Distribution; and Universal International Films.
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"Pirates of the Caribbean:  Dead Man's Chest," Hollywood's newest billion-dollar baby,  ended its nine-week run atop the foreign box office Sunday,  replaced by another Disney smash, "Cars."
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A Beijing court has convicted and fined operators of a pirated DVD shop Monday, the Motion Picture Association (MPA) said.
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Warning that film piracy represents the greatest economic threat to the movie industry in its 100 year-plus history, the Motion Picture Association of America announced Thursday that it plans
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Government says "costly and restrictive" policies are to blame for the high rates of consumer piracy in the country.
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Shanghai Airlines , a Chinese regional carrier, predicted on Tuesday that it would post a loss for 2007, deteriorating from a net profit of 8.2 million yuan ($1.1 million) in 2006.
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LOS ANGELES  - "Pirates of the Caribbean: At World's End" overwhelmed the international box office for the second consecutive weekend, making off with an estimated $105.4 million from 103 markets.
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American design software developer Autodesk Inc. said Tuesday it is losing &#36;367 million in potential revenues each year because of software piracy in India.
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China is struggling to contain a surge  in online piracy, specifically cases involving the illegal  downloading of movies, music and books, and needs tougher  punishments, a senior official said on Thursday.
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"Pirates of the  Caribbean: Dead Man's Chest" logged a fourth week atop the  foreign box office as its total raced to $305.5 million after a  hefty $55 million weekend from 40 countries.
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Twentieth Century Fox Film Corp. and five other Hollywood film studios have been awarded a total of 192,000 yuan ($25,500) in compensation from a Beijing seller of pirated DVDs, the China Court Web Site reported Friday.
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CHINA Aviation Oil Singapore Corp (CAO), which revealed a US$550 million ($900 million) trading loss earlier in the week, is being probed by the Commercial Affairs Department (CAD), which investigates white-collar crime.
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Two years after opening in China,  the martial arts thriller "Hero" set a record for an Asian film  in North America, kicking off at No. 1 with a  better-than-expected haul of $17.8 million, according to studio  estimates issued on Sunday.