"While Google faces numerous legal challenges related to the posting of copyrighted content on its video sharing websites, there is a growing chorus who believe that evidence of Google's seemingly indifferent attitude towards internet video piracy has resulted in a legitimization or 'mainstreaming' of video piracy which will have broad and damaging implications for all intellectual property owners," stated the NLPC in a letter to Congress.
The NLPC also added that Google never fulfilled its promise to add filtering technology to Video and YouTube which it announced late last year.
Bringing data figures to the table that they probably cannot back up, the NLPC said that internet piracy costs the film industry $2.3 billion USD per year in lost revenue.
Source:
Dailytech