BLOCKBUSTER EXPANSION BLOCKED BY PIRATES

The BBC reports that the video rental company Blockbuster is to pull out of Hong Kong and has shelved plans to enter the Chinese market. Top of its list of reasons is that the high incidence of piracy means that it is not profitable for the chain-store to trade there.

The IPKat notes that this is the first example of piracy having an effect on downstream rental markets he has come across. Usually, the argument against piracy is made by the artists themselves or by recording companies.

More Asian pirates here and here

BLOCKBUSTER EXPANSION BLOCKED BY PIRATES BLOCKBUSTER EXPANSION BLOCKED BY PIRATES Reviewed by Jeremy and Ilanah on Sunday, February 01, 2004 Rating: 5

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