Cyber piracy killing entertainment industry—group

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

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.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PruLife’s Islamic insurance to enter Philippine market by early 2025While the license for PruLife UK's products has already been approved by the Insurance Commission, specific details on the products they are planning to offer have yet to be fleshed out
Source: rapplerdotcom - 🏆 4. / 86 Read more »