Studios File 1st Wave of Suits Against Online Illegal File Traders
P2P networks, flourishing under the flags of
BitTorrent &
eDonkey2000, have become havens for those wishing to trade large files -
especially movies.
Although piracy, in one form or another, is costing the movie industry about $3 billion annually, there has been no specific price tag placed on
P2P. Because of the amount of time required to download a film,
movie P2P piracy has not become as rampant as
music P2P piracy. However, looking to avoid the music industry's current entanglement, the MPAA is taking a preemptive measure.