Browse by Media Hit and Intellectual Property

Patent pools were designed to save innovators time and money by establishing cross-licensing agreements for specific technologies, but patent pools can be abused by exploiting the system to maximize profits, said IPI.

A new Intellectual Property unit will hunt down "organized crime gangs" who "illegally profiteer on the backs of others' endeavors."

Electronic piracy is a shadowy world of grey areas, clashing ideologies and desperate attempts by the establishment to keep up with rapidly changing habits and even more rapidly changing technology. One recent study by the Institute for Policy Innovation estimated that music piracy costs the US economy 12.5 billion dollars per year, and results in the loss of more than 70,000 jobs and 2 billion dollars in wages.

Assistant U.S. Trade Representative-Intellectual Property and Innovation Stan McCoy is optimistic that negotiators of the Trans-Pacific Partnership can come to a "world-class result" for "strong and balanced" intellectual property protection, despite ongoing debate over the rigidity of those protections, he said at an IPI forum commemorating World Intellectual Property Day.

As options for watching movies ave expanded and become more sophisticated, so have attempts to pirate the content, leaving studios seeking new ways to discern the impact on their bottom lines.

From their publication in 2006 through the debate over the Stop Online Piracy Act that ended early last year, the film industry frequently has cited the findings of a study by IPI that found film piracy was costing the U.S. economy $20.5 billion annually.

But what is really holding the music industry back isn’t the greed of the structure. It’s the greed of the people who believe they have the right to all the music they want without paying for it. For the love of music, buy the album and appreciate it for what it is worth.  

A monthlong investigation by Rio Rancho police working with investigators from the Recording Industry Association of America culminated in the arrest and seizures of thousands of pirated CDs. One study by the Institute for Policy Innovation showed that music theft translates into more than 70,000 lost music community jobs and more than $2 billion in lost wages to American workers.

A Rio Rancho man faces charges of music piracy after investigators found more than 20,000 bootleg CDs in his possession. A study by the Institute for Policy Innovation indicated that music theft means more than 70,000 jobs lost in the music community and more than $2 billion in lost wages to American workers.

Gregory King told authorities he made a living selling pirated music for seven years. According to an IPI study, music piracy worldwide causes more than $12.5 billion dollars in losses to the U.S. economy, more than 70,000 lost jobs and $2 billion in lost wages among American workers.