AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,972 Increased By 1644 (1.69%)
KSE30 30,784 Increased By 591.7 (1.96%)

Movie mogul Avi Lerner branded US President Barack Obama "a coward" on Saturday, berating him for not taking on Google over piracy. The 68-year-old American-Israeli producer told AFP that the White House's failure to force the search engine giant to improve its anti-piracy measures was costing Hollywood millions of dollars a year.
"It's a major problem and it's something that I don't know if anyone can stop, because the government, the president, Congress are all scared of Google," said Lerner, who was behind a string of blockbusters including the "Expendables" movies and "London Has Fallen."
The veteran financier told AFP at a gala Beverly Hills dinner in his honour that piracy had cost his production companies Nu Image and Millennium Films $250 million on action sequel "The Expendables 3."
"The government, the president, is such a coward. He's scared of Google so we are losing millions," he told AFP.
"They should tell Google to stop piracy. They should make a law that anyone helping piracy - and not helping to stop piracy - should go to jail or get penalized or whatever." A near perfect copy of "The Expendables 3" leaked onto file-sharing sites in July 2014, three weeks before its theatrical release date.
It was downloaded around 100,000 times within hours and Nu Image said more than 10 million copies were made before its release. Lerner believes that since a portion of Google's advertising revenue is coming from piracy-related sources, the company has no incentive stop it without being forced.
Google, which was not immediately available for comment, modified its algorithms in 2014 to damage the search engine ranking of piracy websites, but many studio executives believe the tech giant has not gone far enough.
Hollywood lobbied intensively in 2012 for the creation of two pieces of legislation - the Protect Intellectual Property Act and the Stop Online Piracy Act - which would hold non-US websites to the same standards as those in the United States.
But Google and other big players in Silicon Valley resisted action they claimed would stifle development of the Internet and pave the way for US authorities to shut down websites, including foreign sites, without due process.

Copyright Agence France-Presse, 2016

Comments

Comments are closed.