Besieged Movie Industry Suffers Record Takings

The movie industry, in yet another illustration of just how much damage the Internet is doing to the long-suffering members of the MPAA, has just endured a record breaking $1 billion dollar takings for the single month of June. Clearly there is a desperate need to tighten up copyright laws in the face of this huge mountain of cash that is literally being metaphorically siphoned into the studios’ pockets. How will they survive? — via Slashdot

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