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NBCU's CEO: Piracy is the new face of economic crime, and we're losing
Written by Daniel   
Friday, 05 October 2007 10:20

 I know! let's use the goverments of the world to turn everyoune upside down and see what falls out of their pockets! There's nothing we wouldn't want to do for RIAA! That's what our tax dollars are for!

 NBCU's CEO: Piracy is the new face of economic crime, and we're losing
ARS Technica
By Ken Fisher | Published: October 04, 2007 - 11:25PM CT

NBC Universal's CEO Jeff Zucker isn't a sucker: the CEO of one of the world's largest broadcasting giants says he knows that the war on piracy is failing. Rather than look for new business solutions to this aging issue, however, Zucker wants to see the US government step in and create what can only be called a new intellectual property regime to stop piracy. For Zucker, the war on piracy is a resource game, and all that's needed are more resources.

Zucker appeared on CNBC's Squawk Box program (webcast) yesterday to discuss his views on piracy in the wake of a report that claims that more than $58 billion is lost to piracy right now (we are attempting to obtain the actual study, but the Institute for Policy Innovation has yet to release it). Zucker introduced the study at a U.S. Chamber of Commerce conference.

On CNBC, Zucker said that the problem of piracy is "actually growing," and "we've done nothing to combat it in a way that's stemming any of those [piracy] numbers." "This is the new face of economic crime in this country," he said.

Piracy, Zucker argued, goes far beyond the entertainment world, as it affects health care with counterfeit pharmaceuticals, and "counterfeit airplane parts," he said. "Law enforcement needs greater resources, greater penalties that will get in the way of those pirates." More      Comment in the Forums

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