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The Stop Online Piracy Act (SOPA) was a proposed United States congressional bill to expand the ability of U.S. law enforcement to combat online copyright infringement and online trafficking in counterfeit goods.
The economic loss caused by digital piracy before the year 2000 is estimated to be worth $265B and in 2004 it was found that 4% of box office receipts were lost. Both piracy and economic losses due to piracy are trending upwards. Lost revenues due to digital piracy were estimated to reach $5 billion by the end of 2005.
The report said piracy is "causing considerable harm to EU businesses" and high economic losses have occurred in Argentina, China, Ecuador and India. It also informed Saudi Arabia has not "taken sufficient steps to stop the infringement" caused via BeoutQ, like other countries have, to minimize the extent of financial and economic loss. [97]
Film piracy has increased by more than a third over the last year, according to the latest figures.. Illegal streaming of films grew 38.6 per cent between 2021 and 2022, data from piracy research ...
The global piracy of films increased dramatically during the Covid pandemic, according to the latest report from the Office of the U.S. Trade Representative. “The onset of the Covid-19 pandemic ...
These days, everyone has an opinion about what Nintendo should do next. Nintendo's alarming 70% and 25% reductions of its full-year forecast of Wii U and 3DS sales, respectively, have sparked ...
A group of Law professors said that the PROTECT IP and Stop Online Piracy bills could have the opposite of the intended impact, by driving users to unregulated, alternative DNS systems, and it could hinder the government from conducting legitimate Internet regulation. [21]
Media Piracy in Emerging Economies is a report released by the Social Science Research Council in 2011. It contends that “high prices for media goods, low incomes, and cheap digital technologies are the main ingredients of global media piracy. If piracy is ubiquitous in most parts of the world, it is because these conditions are ubiquitous ...