RIP isohunt http://arstechnica.com/tech-policy/2013/10/bittorrent-site-isohunt-will-shut-down-pay-mpaa-110-million/isoHunt, a search engine for BitTorrent files founded more than a decade ago, has agreed today to shut down all its operations worldwide. The company, founded by Canadian Gary Fung, has also accepted a judgment that it must pay the movie studios that sued it $110 million. It's not clear how much of that the studios will actually be able to collect.Fung gave up his long legal fight just weeks from having to defend his site in federal court; a jury trial was scheduled to start on November 5 in a Los Angeles federal court. Earlier court rulings had already determined that Fung was liable for "inducing" copyright infringement, so the court trial would have largely been about damage control. The MPAA had stated studio lawyers would have sought as much as $600 million had the case gone to trial.Sent from my Galaxy S4 using Tapatalk 4
Specifically, the study found that legal purchases would be about 2 percent lower without illegal downloading available—meaning, yes, illegal downloads boost legal downloads. Their conclusion: people who download pirated music mostly do so for tunes they wouldn’t have ever spent money on. The positive effect of streaming was even larger.Read more: http://entertainment.time.com/2013/03/21/illegal-music-downloads-not-hurting-industry-study-claims/#ixzz2i6EHQJZp
That said... Hollywood have PLENTY lawyers. I'm surprised that PirateBay still around after all the litigation.
Digital distribution of movies has the potential to save money for film distributors. To print an 80-minute feature film can cost US$1,500 to $2,500,[28] so making thousands of prints for a wide-release movie can cost millions of dollars. In contrast, at the maximum 250 megabit-per-second data rate (as defined by DCI for digital cinema), a feature-length movie can be stored on an off-the-shelf 300 GB hard drive for $150 and a broad release of 4000 'digital prints' might cost $600,000. In addition hard drives can be returned to distributors for reuse. With several hundred movies distributed every year, the industry saves billions of dollars.