Copyright violations in the form of piracy cost the recording industry of SA more than R500 million a year.
This is according to the chief executive of a copyright agency – James Lennox. When looking at the staggering losses because of piracy it is no wonder that the recording industry is up in arms about copyright violations.
The penalty for copyright violations in terms of piracy is R5000 per item.
Still it doesn’t seem to make a dent in the amount of piracy that takes place. Street vendors sell pirated movies for next to nothing while the cost for the law abiding citizen can be around R150-R300 to purchase the movie, whilst DVD shops have to pay from R300 to R600 for the movie.
If you suspect copyright violations in terms of movie piracy take a stand and contact the police and help protect the work of artists.