US Studios Concluded Deal with ChinaAdded: Wednesday, February 22nd, 2012
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
American movie studios are sure that the recent agreement made with China aiming to increase the distribution of movies over there will prove efficient against Internet piracy as well.
American studio executives hope that their newly reached deal with China, which allows movie companies to distribute more Hollywood pictures in China, will also help them to bring down online piracy. China’s authorities now let for a greater volume of American films to be screened in the country annually, as was pointed out by both the White House and the 6 major Hollywood movie studios.
Depending on a recently signed agreement between the countries, American moviemakers will also receive a greater share of box-office revenues for each screening. Thanks to the implications it has on Internet piracy, this is just a marginal technology story. Meanwhile, the tech sector has reprimanded the entertainment industry for their lack of implication in making movies and TV shows more affordable in such country as China. The MPAA stressed that the newly signed agreement supposedly envisions positive changes in this respect.
In addition, American movie companies would benefit from a significant increase in profit on ticket revenues (almost twice). In other words, this will result in a nice overall amount, taking into account that China will now cater to the distribution of 50% more Hollywood releases in the theaters.
However, it is still unclear whether the agreement in question will also require the country to carry out specific measures against online piracy. The Motion Pictures Association of America has long perceived China as one of the states featuring a high-risk for intellectual property theft. The outfit’s representative explained that the studios were optimistic the new deal will encourage theater attendance rates in the country, at the same time discouraging unauthorized download online.
The fight against piracy outside the American borders is a top priority for moviemakers. The stringent manner in which the United States is currently tackling the case of MegaUpload’s owner, Kim Dotcom, keeps reinforcing this tendency. Trying to extradite and bring Kim Dotcom and his fellows to justice, the American government even called MegaUpload a criminal company. At the same time, Kim Dotcom keeps pleading innocent and is currently expecting to fight the extradition.
February 22nd,2012Posted by:
Wednesday, February 22nd, 2012
|posted by (2012-02-22 17:04:01)|
|Don`t think so the Chinese love to copy everything|
|posted by (2012-02-22 23:03:43)|
|I agree with @nobs68|
No way they can stop Millions of online piracy down loaders in China and I doubt there's very little the China government could do. China is the biggest counterfeit country in the world ever since the 70's
|posted by (2012-02-22 23:33:44)|
|Not any more Guys. China just accepted Hollywood as a down payment on the American debts it covered. Ouch. Lol.|
|Oh Good Lord! The Americans are now bringing the real deal to the devil's playground. I;m thinking they have poor P.R.O's. Just see what they intend to do now, screen movies here, that's really sick forgetting this guys are one of the most pirate countries in the world, in other way they are only giving us more sources to CaMs and Screeners, thanks to China for accepting this.|
This US Studios are thinking about the money they will make due to population in China, even it's a good idea but certainly a bad one too...
|WTH; making a deal with the land of copying everything that does not move fast enough.|
All together now? MPAA STEP AWAY FROM THE COCAINE.
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