Of course the MPAA applauded the move, and added that "U.S. film studios lost $6.1 billion in 2005 to piracy globally."
"This is modern-day organized crime," Cuomo said, adding in a statement: "The wide distribution of pirated films originating from New York costs our state vital economic resources, including thousands of jobs and millions of dollars in tax revenue."
The newly dubbed "Piracy Protection Act" would make illegal recording a misdemeanor (like a parking ticket) for a first time offender and a felony for repeat offenders. For a misdemeanor, the fine is $1000 USD and up to one year in jail. Cuomo did not say exactly how much worse the penalties were for a felony offense.
NBC Universal CEO Jeff Zucker joined Cuomo in announcing the legislation and added, "Enhanced penalties and specialized, dedicated enforcement resources are key to fighting piracy and counterfeiting."