WELCOME GUEST!
You are currently viewing this from 38.103.63.17 - UNITED STATES
LOGIN
   
Current time in Fiji:
FIJILIVE.COM ENTIRE WEB

Web Design
Fiji eDirectory
Fiji Magic
Real Estate
GREETINGS
Fiji egreetings
WEBMASTERS
Web Design
Web Hosting
Domain Names
MOBILE
Wallpapers
Polyphonics
Screensavers
Vfiles
Monophonics
Logos
GUIDES
Fiji Magic
Fiji Real Estate
Fiji Jobs
Fiji Classifieds
Fiji Tenders
Fiji TV Guide
Fiji Movies
Fiji Weather
Fiji Recipes
HOT STUFF

Fiji PixShare

Fiji Chat

Fiji Dating

Fiji Jokes

Fiji Fun

Fiji Forum
Fiji Horoscopes
Fiji Blogs

Fiji Birthdays

SHOPPING
Fiji Books
Fiji Music / Video
Fiji Clothes
Fiji Handicrafts
MEDIA
Fiji News
Fiji Business

Fijilive Picture Gallery

Fiji Letters
Fiji Archives
Fiji Sports
Fiji Rugby
Fiji Football
Fijian News
International News
International Sports
International Business
Entertainment
Offbeat
Fiji Audio
Fiji Video
Regional News
Fiji Elections 2006
2008 Budget
Fiji PDA News
FIJI RSS
Fiji News
Fiji Sports
Fiji Jobs
Fiji Dating
More RSS Feeds
 

Bollywood piracy fighters take battle to US Cong
22 APR 2008

Campaigners against piracy in India's money-spinning entertainment industry, which loses four billion dollars a year to counterfeiters, have taken their battle to the US Congress.

"We are losing 90 percent of our home video market in the United States," veteran Indian filmmaker Bobby Bedi told AFP at a Capitol Hill event where he and others Monday highlighted the seriousness of piracy in developing nations.

Bedi lamented that American enforcement agencies were not forceful enough in helping plug losses suffered by the Indian entertainment industry in the United States, where he said counterfeit Indian movies were being peddled mostly by mini retail stores.

"We feel that we should get the same treatment as American producers should get as far as intellectual property is concerned," he said at the event, held in conjunction with World Intellectual Property Day to be marked on Saturday.

A recent study prepared for the US Indian Business Council by global accounting firm Ernst and Young showed that India's burgeoning entertainment industry lost as much as four billion dollars and 800,000 direct jobs each year due to counterfeiting and piracy.

The study was commissioned as part of a joint initiative by the council and the Federation of Indian Chambers of Commerce and Industry, as well as a combined drive by Hollywood and Bollywood to promote "convergence" between the entertainment industries, officials said.

A key problem facing Bollywood, the informal term popularly used for Mumbai-based Hindi-language film industry in India, is copyright infringement through the illegal sale of VCD, DVD and videotape movie copies as well as online piracy.

Bedi said the Indian home video market in the United States made up 15 percent or about two billion dollars of India's entertainment industry valued at 13 billion dollars, "which is really huge."

"We are losing maybe half of that -- one billion dollars per year -- through piracy and related activities in the United States," said Bedi.

He is currently producing India's most expensive movie venture ever -- a three-film series of the Indian legend, the Mahabharata, at an estimated cost of 70 million dollars.

Movies from India are the top-grossing foreign film category in the United States. In addition, Hindi film distributors are aggressively marketing their movies in the US digital-cable services, industry reports say.

Democratic lawmaker Diane Watson, who hails from California where Hollywood is based, was sympathetic to the plight of the piracy-plagued Indian filmmakers.

"On World Intellectual Property Day we recognize the talent of creators around the globe who enrich our lives with their artistry and innovation," said Watson, who chairs the US Congressional Entertainment Industries Caucus.

Another Democratic lawmaker, Robert Wexler, and Republican legislator Tom Feeney, both of whom chair a congressional body on intellectual property and piracy prevention, called for greater efforts to combat piracy.

Movie piracy causes a total output loss for US industries of 20.5 billion dollars per year and accounts for more than 800 million dollars in lost tax revenue, according to a recent study.

Michael Ryan, director of the Washington-based George Washington University's creative and innovative economy center, said piracy was creating a dilemma for filmmakers and curtailed their imagination.

"So long as pirates earn a high share of movie revenues, producers must focus on making relatively inexpensive movies," he said.



AFP

 
Story Tools
showHide
Post a Comment  
Email this story  
Print this story  
 
Fijilive - Bollywood (Movies) Headlines
     
Sanjay Dutt to play French 'Bikini Killer'  
Amitabh Bachchan turns blogger  
Bollywood piracy fighters take battle to US Cong  
Bachchans front 'Sarkar Raj' on power plant debacle  
Bachchan hits back at disloyalty charge  
I had a huge crush on Madhuri: Kunal  
Single, Lara Dutta is in love with Fiji  
Indian actors banned from US travel  
 
Most Popular Stories
IIT Fiji
Classifieds
Picture Gallery
eGreetings

TOP TRUETONES
ENGLISH
My Humps
Hips Dont Lie
Temperature
HINDI
Shaka Laka Boom Boom
Salaam-E-Ishq
Jhalak Dikhlaja
LATEST TRUETONES
ENGLISH
Sexy Back
Promiscuous Girl
Love Generation
HINDI
Ganpat
It's Rocking
Channa Ve Channa
TOP POLYPHONICS
ENGLISH
Don't Matter
Smack That
African Queen
HINDI
Thaare Vaaste
Salaam-E-Ishq
Aanan Faanan (Remix)
FIJIAN
Ko Veretaki Au
Sobo Lei Va
Mosi Vei Au
LATEST POLYPHONICS
ENGLISH
Give It To
Because Of You
Better Than Me
HINDI
Ranjha Ranjha
Aakhri Alvida (Club
Aakhri Alvida
FIJIAN
ACS
Adi Waivuvu
Bula Vakaloloma
VIDEO CLIPS
TOP mCARDS
LATEST mCARDS
TOP WALLPAPERS
LATEST WALLPAPERS
TOP SCREENSAVERS
LATEST SCREENSAVERS

© 1999 - 2008 Webmasters Limited | Terms of Use | Feedback | Advertising | Help | Privacy Policy