Movie Business In Danger

The movie industry is in danger of being cannibalized by pirates. And, say some obervers, the industry isn’t doing nearly enough to protect itself. “Already as many as 600,000 movie files are shared each day on peer-to-peer file-sharing networks such as Morpheus and Grokster, according to the Motion Picture Association of America (MPAA). That number is likely to soar as more households get broadband internet and compression technology cuts download time.”