Russian Pirates Rule the CDs

Published: 8 October 2000 y., Sunday
Pirated-music lovers who weep at the thought of a Napster-free world might soon have reason to dry their eyes. The Russian Mafia, the swashbuckling cowboys of global CD and DVD piracy, are slowly moving their wares online. Intellectual property experts say the Web is becoming an increasingly attractive bootleg distribution channel for pirated music originating in many of the former Soviet satellites and states, from Bulgaria to Ukraine. And, they warn, stopping the thieves will not be easy. Indeed, one could say that the Russian Mafia owns the Russian music industry. As much as 95 percent of all music sold in Russia is illegal, said Eric Schwartz of the International Intellectual Property Alliance, which represents copyright holders. "There's a whole lot of money to be made for them, and nobody's giving them any good reason to stop," Schwartz said. He said the main reason pirates do so well is because of Russia's lax law-enforcement procedures. According to the International Federation of the Phonographic Industry, a global recording-industry trade group, Russian pirates accounted for $310 million in U.S. losses, more than in any other country. Add to this the lost revenues for other media, Schwartz said, and the number approaches $1 billion.
Šaltinis: wired.lycos.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Microsoft revenues hit a record as Xbox sales soar

The US technology giant Microsoft said its annual revenues hit a record of $69.94bn (£43.4bn).Sales of the company's Xbox 360 videogame console and its Office software helped fuel the growth. more »

Fujitsu Next Generation Color e-Paper Module

Fujitsu demonstrated a next generation cholesteric LCD color digital paper module at the International Digital Publishing Expo. more »

Apple to Start Producing iPhone 5 in August – Morgan Stanley’s Report

Apple’s next iPhone will begin production in mid to late August and ramp aggressively. more »

Is the Rimino concept phone the future of mobile technology?

People who create concept designs for future technology always have the luxury that their ideas don’t have to be practical or possible now, just cool enough to get people excited about what might be created one day. more »

Investment Values Twitter at $8 Billion

While Twitter isn’t rushing to go public like some of its larger peers, the microblogging service has no problem luring deep-pocketed investors. more »

Skyping on Facebook

Free video chat is coming to Facebook. more »

Nokia‘s Windows of opportunity?

Nokia is still one of the biggest names in mobile phones but the company is in rapid decline and profits are sharply down. more »

GSM is 20 years old

Wireless connection standard "Global System for Mobile Communications“ (GSM) this year on July 1st has reached 20 years of age. more »

HTC Eternity and HTC Omega Coming Soon?

Not long ago we heard a rumor about HTC’s upcoming device supporting a 12 megapixel camera; now we have some info about two more novelties. more »

Amosu Couture Gold iPad – More Glamorous Version

While the Stuart Hughes iPad Supreme Editions command respect and an astronomical price, there are other ways to glamorize your brand-new tech toy. more »