Cyber piracy killing entertainment industry—group

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Cyber piracy killing entertainment industry—group
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THE Philippine entertainment industry faces an existential threat from rampant online piracy, according to a consumer advocacy group. The CitizenWatch

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THE Philippine entertainment industry faces an existential threat from rampant online piracy, according to a consumer advocacy group.

“The impact of piracy is staggering. According to industry data reported during the recently held Symposium on Piracy in the Philippine organized by the Alliance for Creative Entertainment , IPOPHL, GMA Network, and Globe,” the group noted. The Philippines, with its high internet usage, has become a hotspot for online piracy. A survey commissioned by the Asia Video Industry Association revealed that 70% percent of Filipinos admit to using illegal streaming sites, he noted.

“Piracy isn’t just an issue of intellectual property theft, piracy websites are primary conduits of cybercrime that puts millions of Filipino internet users at risk,” he added. “Every day that the bill is delayed, the entertainment industry bleeds more revenue and depresses the income of thousands of its workers and their dependents,” Abejo warned. “Passing the Online Site Blocking Act will give the government and the telcos the mandate they need to shut down piracy websites, penalize offenders, and create a safer online environment for Filipino consumers.”

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