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Hollywood and Bollywood Form Alliance to Fight Piracy

 

The world’s two biggest film industries – Hollywood and the Indian Hindi language movie industry known as Bollywood – have come together for the first time to fight film piracy in India.Piracy has long been a problem in India, where hawkers sell illegally duplicated CDs and DVDs of popular Hindi movies for about $1. Internet piracy is also rampant as increasing broadband speeds allow faster downloads.
The scale is huge. A recent study put the losses of the Indian film industry in 2008 due to infringement of copyright laws at nearly $1 billion.
 
Now the Motion Picture Association of America and seven Indian companies say they will work together to stamp out piracy in India – one of the world’s biggest movie markets.”That is a very significant step to showing that all players are serious about fighting this problem collectively, everyone realizes, both the Hollywood and Bollywood studios realize this is a collective problem, and now we have to work collectively to solve the biggest challenge that we face together,” said Rajiv Dalal, who heads the Motion Picture Association’s office in India.  
 
Read more@:News.com

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