Move to stop Bollywood-Hollywood piracy
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The
US-India Business Council (USIBC) has asked the Indian arm of Ernst
& Young to study how entertainment and media piracy hurts India as
part of its "Bollywood-Hollywood" anti-piracy initiative.
Announcing
the move, USIBC President Ron Somers said since the business advocacy
organisation rolled out this initiative with the Federation of Indian
Chambers of Commerce and Industry (FICCI), it has been deluged with
interest in how the US and India can work together to stop piracy in
the entertainment and media industry.
"The contract with Ernst
& Young in India is the logical next step. Ernst & Young will
produce a professional study showing just how harmful entertainment and
media piracy is to India, focusing on the harm to Indian employment and
tax revenue, as well as the Indian citizens who work in this worldwide
industry," he said.
"USIBC pledges to work in the near-term to
halt piracy of Indian films right here in our backyard. How can we
credibly hope to shine the torchlight on piracy in India if we ignore
piracy of Indian films here at home?" he asked.
USIBC will
provide responsible leadership of this initiative against all piracy of
Indian entertainment, whether in India or North America," he said.
Greg Kalbaugh, director of intellectual property for the USIBC, will oversee the study.
Kalbaugh
said, "We are delighted to work with Ernst & Young. Showing just
how much India is hurt by entertainment and media piracy will set the
stage for cooperation in anti-piracy public service advertising,
passage of optical disc legislation, and US-India cooperation in
stopping cross-border piracy."
The USIBC comprises 250 of the
largest US companies investing in India and two dozen of India's
largest global companies seeking to strengthen US-India commercial ties.
Indo-Asian News Service
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