Monday, May 31, 2004

DVD Piracy

Los Angeles Magazine: Video cops - the film industry's response to video piracy

And This

By-and-large, the Hong Kong film industry has been destroyed by piracy. Most here scoff at the 'don't pirate movies' ads placed in theaters, but HK is a prime example of when it gets out of control. Why? Because a high-quality bootleg of a film is available on the street often within a week of its theatrical release. Ticket sales plummet and no market exists for a commercialy-released and authorized DVD. Therefore movies made and released in HK LOSE money from the outset with little hope of recovery. In that market, there is no incentive to invest in a property that will not make its money back. It's why a large group of HK filmmakers have emigrated, looking for work.