Petteri Pyyny
19 Feb 2003 14:06
Hollywood has stepped up its efforts to fight against the ever-growing DVD piracy in Asia by offering rewards for informers within the area through its international arm, MPA (not to confuse with American equivalent MPAA).
According to the Asia-Pacific area's representative, organization has set aside $150,000 for informers who can provide information leading to a closure of DVD piracy rings or illegal DVD factories in the area.
The problem is seriously worrying in some of the countries in Asia -- it is estimated that 90% of Indonesia's DVDs are pirated copies and 80% in Philippines. MPA estimates that because of piracy, Hollywood loses over $600M annually in Asia.
Source: Reuters via Yahoo!