Hollywood faces new piracy threat
Illegal sub services on the rise, exec tells Cinema Expo
AMSTERDAM -- Consumers downloading free pirated movies are no longer Hollywood's worst nightmare, but that's only because of a new, more dreaded menace: cheap, and equally illegal, subscription services.
Foreign, often mob-run, businesses aggregate illegally obtained movies into "cyberlockers" similar to Internet storage sites used by individual consumers to squirrel away pirated video. But the for-profit version of this phenom has spawned an array of sophisticated and seemingly reputable sites selling unlimited digital movie files for as little as $5 a month.
"Cyberlockers now represent the preferred method by which consumers are enjoying pirated content," Paramount COO Fred Huntsberry said Monday.
Foreign, often mob-run, businesses aggregate illegally obtained movies into "cyberlockers" similar to Internet storage sites used by individual consumers to squirrel away pirated video. But the for-profit version of this phenom has spawned an array of sophisticated and seemingly reputable sites selling unlimited digital movie files for as little as $5 a month.
"Cyberlockers now represent the preferred method by which consumers are enjoying pirated content," Paramount COO Fred Huntsberry said Monday.