Hollywood Files More Web lawsuits

According to CNN and Reuters, the MPAA has filed a new round of lawsuit against people sharing video files on the web.

“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 claim they lose $3.5 billion worldwide in annual revenues from sales of illegally copied movies on video and DVD formats in street bazaars and black markets.”

Read more at CNN