Studies show that more than $2 billion worth of music and more than $20 billion worth of movie content was downloaded illegally last year.
"Music piracy is illegal and extremely detrimental to all of those who make a living creating original musical works," said Money, whose new Warrior Records CD, “Wanna Go Back,” was released in March. "If you truly like music, don't steal it. Support the industry by downloading your music legally."
Money is currently on tour promoting his new CD.
“Downloading or distribution of unauthorized copies of intellectual property such as movies, television, music, games and software programs via the Internet is costing production companies millions of dollars,” said Actor Timothy Woodward Jr., co-star of “Grand Strand,” being filmed in Wilmington, N.C., this summer and marketed by Reveille International – which produces hit shows such as “Ugly Betty” and “House.”
SafeMedia Corporation, based in Boca Raton, Fla., has developed technology -- “SafeMedia’
SafeMedia CEO & President Safwat Fahmy, who created “Clouseau,”
“The technology moves through multi-layered encryptions, analyzes network patterns and updates itself frequently,”
The technology is offered globally in support of a variety of local, national and international bandwidth and customer requirements.
IFPI, an umbrella organization representing the international recording industry, has estimated that 20 billion songs were illegally swapped or downloaded in 2005. The market research firm NDP Group reported that illegal music downloads jumped 47 percent between 2005 and 2006.
Movie piracy costs U.S. industries $20.5 billion per year, thwarts the creation of 140,000 jobs and accounts for more than $800 million in lost tax revenue, the Institute for Policy Innovation reported in 2006.
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