Senate IP Subcommittee Examines Foreign Approaches to Digital Piracy in Second Hearing on U.S. Copyright Reform
“We finance our projects by granting companies exclusive distribution rights,” Yunger said. “Why would any financial partner pay for movies that are widely offered for free online knowing full well that they may never recoup their investments?” – Jonathan Yunger, Millennium Films Senate IP Subcommittee Chair, Senator Thom Tillis (R-NC), yesterday led the second in a series of Subcommittee hearings addressing the possibility of updating the U.S. Digital Millennium Copyright Act (DMCA). The hearing, titled “Copyright Law in Foreign Jurisdictions: How are other countries handling digital piracy?”, was aimed at examining foreign copyright laws in order to consider what may or may not...
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