Khao Aur Khilao budget by Arindam Chaudhuri
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Bloodstained business
Studies estimate that developing a pirated DVD in south Asian countries costs less than 70 cents and can be sold in developed countries for around $10. Not only developing a pirated DVD is relatively safer and cheaper, even the transfer and transport is equally easy. Most of the time, pirated materials are transferred through Internet. The Canadian groups sell and transfer large amounts of pirated DVDs ripped from Canadian theatres to overseas markets via Internet. The industries get more lucrative not just because of the returns it offers but also because of the risk factor. For example, in France, transacting in counterfeit products (includes pirated DVDs) is punishable by just two-year imprisonment and a fine of $0.19 million, while selling drugs is punishable by a 10-year imprisonment along with a fine of $9.5 million! Moreover, the rate of conviction for piracy is lower as compared to that of smuggling drugs and similar products. In 2002-03, merely 134 criminals were convicted of piracy while smuggling of drugs pushed around 1.5 million criminals behind the bars in the US alone. This whole modus operandi is equally spread across the globe. Groups like Ang Bin Hoey triad of Malaysia, Yi Ging in the US, Camorra in Italy, San Yee On in Hong Kong, Tepito in Mexico, Yakuza in Japan, to name a few, are quite active in movie piracy.
Every time one buys a pirated DVD, in order to save money, one might actually be unknowingly helping terror groups like Al Qaeda in purchasing weapons. The whole business of piracy will not stop with just government efforts but may if people stop buying pirated commodities, if not for the sake of industry than at least for the sake of the fight against global terror which has already created much mayhem.
Sray Agarwal
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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Shahrukh khan to Host IIPM 4Ps Annual Business and Marketing Quiz
2,300 IIPM students get jobs
Bloodstained business
Studies estimate that developing a pirated DVD in south Asian countries costs less than 70 cents and can be sold in developed countries for around $10. Not only developing a pirated DVD is relatively safer and cheaper, even the transfer and transport is equally easy. Most of the time, pirated materials are transferred through Internet. The Canadian groups sell and transfer large amounts of pirated DVDs ripped from Canadian theatres to overseas markets via Internet. The industries get more lucrative not just because of the returns it offers but also because of the risk factor. For example, in France, transacting in counterfeit products (includes pirated DVDs) is punishable by just two-year imprisonment and a fine of $0.19 million, while selling drugs is punishable by a 10-year imprisonment along with a fine of $9.5 million! Moreover, the rate of conviction for piracy is lower as compared to that of smuggling drugs and similar products. In 2002-03, merely 134 criminals were convicted of piracy while smuggling of drugs pushed around 1.5 million criminals behind the bars in the US alone. This whole modus operandi is equally spread across the globe. Groups like Ang Bin Hoey triad of Malaysia, Yi Ging in the US, Camorra in Italy, San Yee On in Hong Kong, Tepito in Mexico, Yakuza in Japan, to name a few, are quite active in movie piracy.
Every time one buys a pirated DVD, in order to save money, one might actually be unknowingly helping terror groups like Al Qaeda in purchasing weapons. The whole business of piracy will not stop with just government efforts but may if people stop buying pirated commodities, if not for the sake of industry than at least for the sake of the fight against global terror which has already created much mayhem.
Sray Agarwal
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
IIPM 4Ps Quiz- Shahrukh Khan Video
IIPM - Most Innovative B-School
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Business and Economy - India's Most Influential Business and ...
Rankings IIPM, The Indian Institute of Planning and Management India
Management Certification, IIPM India
(IIPM) Management Education Institute India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
