Dutch-filesharing website TorrentSpy took an almighty beating this week. Viacom Inc.’s Paramount Pictures and several other studios have been awarded more than $110 million by a US judge after pirated films were distributed through TorrentSpy.
TorrentSpy owner Valence Media Ltd has been found guilty of 3,699 copyright violations of movie and television downloads. Not surprisingly, the site has been shut down since last month.
Filesharing and other Internet piracy costs the movie industry about $7 billion a year in lost revenue — and now the movie biz wants that money back. Filesharing sites are now being targeted in the hope of eradicating filesharing.
TorrentSpy had argued that the website was nothing more than a search engine, but the argument didn’t hold up in court and this could have serious implications for future court cases against filesharing websites.
Cases like this will start occurring more frequently now.
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