Originally Posted by BigWebRev

Studios sue traders of illegally copied films traded online, seek up to $150,000 per download.
February 24, 2005: 6:20 PM EST

LOS ANGELES (Reuters) - Hollywood's major movie studios filed a new round of lawsuits nationwide Thursday against people who trade illegally copied films and TV shows on the Internet.

The civil suits against unnamed "John Doe" defendants seek up to $150,000 per downloaded digital file and come as the film industry prepares for its annual Oscar telecast in Hollywood where awards for top films and stars are given out.

The studios, represented by the Motion Picture Association of America, took the opportunity of the Oscars to again press the case that the illegal copying of films and their black-market distribution on the Internet is costing them millions of dollars a year in lost revenue.


http://money.cnn.com/2005/02/24/tech...ex.htm?cnn=yes