Many consumers have once again turned to piracy as a means of obtaining entertainment due to the outrageous costs streaming providers have imposed on them.
Several streaming sites are supporting a law that aims to eradicate online piracy in its current form because that just won’t work for them.
According to CBR, a bill that would prohibit access to anime, live-action, music, and other types of piracy websites in the US (and possibly beyond) is being supported by the Motion Pictures Association, which is composed of Netflix, Disney, Amazon, Sony, and other major players in the industry.
Rep. Zoe Lofgren (D-Calif.) presented the Foreign Anti-Digital Piracy Act (FADPA) on Wednesday, according to Torrent Freak, with the goal of stopping foreign-run piracy websites from taking advantage of legal loopholes.
According to the press release for the bill, digital piracy is a serious and expanding concern. According to the announcement, piracy has lost the U.S. economy over $29.2 billion annually in addition to over 230,000 jobs in the entertainment, technology, and small business sectors.
The proposal would target piracy sites while upholding First Amendment rights, propose workable technological methods to guarantee this is done, and implement safeguards to shield service providers from responsibility in order to lessen this heinous behavior.
Since the blocking order prohibits service providers from taking steps to stop users from using virtual private networks (VPNs), one of the most widely used piracy techniques, CBR observes that this bill appears to primarily target the less tech-savvy members of society.
Charles Rivkin, the chairman and CEO of the Motion Picture Association, stated in the release that the organization supports Representative Lofgren’s introduction of the overseas Anti-Digital Piracy Act, a sensible piece of legislation designed to counteract the increasing harms caused by overseas criminal piracy. Each year, intellectual property theft costs the American economy at least $30 billion and 230,000 jobs.
Through identity theft schemes, financial fraud, and malware attacks, foreign cybercriminals pose a threat to American consumers.
Additional details about this law are still pending.
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