HBO, Netflix, Other Hollywood Companies Join Forces To Fight Piracy

New submitter stikves writes: It looks like media and technology companies are forming a group to “fight piracy.” The Verge reports: “A group of 30 entertainment companies, including power players like Netflix, HBO, and NBCUniversal, have joined forces today in an effort to fight online piracy. The new group is called the Alliance for Creativity and Entertainment (ACE), and the partnership, while somewhat thin on specifics, will allow the content creators involved to pool resources to conduct research and work closely with law enforcement to find and stop pirates from stealing movies and TV shows. The first-of-its-kind alliance is composed of digital media players, networks, and Hollywood outfits, and all recognize how the internet has paved the way to an explosion in quality online content. However, piracy has boomed as a result: ACE says that last year saw 5.4 billion downloads of pirated films and TV shows.” I’m not sure how these statistics hold against real revenue loss (or the imaginary one), however this might be a development to watch for.


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