Piracy Continues to Agonize Movie Industry

The movie industry faces many challenges to its bottom line. One of the biggest and most difficult to address is piracy. In 2008, Congress enacted the “Prioritizing Resources and Organization for Intellectual Property Act of 2008” (the “Act”). The Act provides for the President to appoint an Intellectual Property Enforcement Coordinator (referred to as the “IP Czar”) to supervise the cross-governmental agency effort to stem the tide of piracy. The real, economic impact of piracy is currently being felt by Lionsgate, the studio that distributes The Expendables franchise. The latest episode of this franchise, “The Expendables 3,” is a highly.

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