Content industry players want stiffer penalties against digital piracy

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PETALING JAYA: Malaysian content industry players have said that the current penalty for committing acts of digital piracy doesn’t commensurate with the huge economic losses suffered by the content providers.

They said that the annual loss due to digital piracy is estimated at RM3bil to the entertainment and media industry, RM500mil in taxes and puts thousands of jobs at risk.

“Eradication of digital piracy to ensure that only responsible content is streamed requires collaborative efforts of all parties from content providers, broadcasters, regulators, authorities and consumers, to telcos, internet service and e-commerce providers. “This act of theft is not new and has to be resolved by the authorities. I regret to see empty rhetoric without a real solution to the problem. Without stricter regulations, piracy will continue to be a cancer to the creative industry and its talents, ” he said in the statement.

Astro regulatory director Laila Saat said they welcomed recent charges against sellers of Illicit Streaming Devices and will continue to work with authorities and content partners to send a strong message that content piracy is theft, illegal and punishable by law.

 

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Content players call for more action as local industry loses RM3bil annuallyIndustry players are calling for stricter penalties against digital piracy, which they claim has caused the entertainment and media industry to suffer an estimated RM3bil loss annually.
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