Multimillion Dollar Industry

"Notwithstanding these notably positive developments, there remain some disturbing trends. Malaysia remains a significant source of production and export of pirated optical discs (CDs, DVDs, VCDs, CD-ROMs, etc.), including what is certain to be a more than doubling of pirate DVD exports leading all around the globe (see table below). Malaysia remains the most significant producer/exporter of pirate optical disc entertainment software in the world. The domestic piracy situation for business software remains bleak, presents difficulties for book publishers, and continues to harm the recording industry, as sound recording piracy began to tick up at the end of 2004.1 The judicial system is marred by substantial backlogs and far too many acquittals. Estimated losses to the U.S. copyright industries in 2004 due to piracy in Malaysia were US$188.4 million. "

Resource:http://www.iipa.com

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