Saturday, June 25, 2011

High tech investors slam Hollywood, blast Internet censorship bill

High tech investors slam Hollywood, blast Internet censorship bill: "




The battle lines over online copyright enforcement sharpened on Thursday when dozens of prominent high-tech entrepreneurs and investors signed a letter urging members of Congress to reject the PROTECT IP Act. The legislation, which has been making rapid progress through Congress in recent weeks, would establish a blacklist of 'rogue sites' and compel a variety of intermediaries to block access to them. It is strongly supported by Hollywood and the recording industry.



'We think PIPA will ultimately put American innovators and investors at a clear disadvantage in the global economy,' the letter states. It praises section 512 of the DMCA, which gives online service providers a 'safe harbor' from copyright liability if they promptly remove infringing materials. They warn that the PROTECT IP Act will upset the 'delicate balance' embodied in this provision.


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