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  • Amazon, Netflix and Streaming Svcs Could See an Influx in New Users if SOPA Passes 0 comments
    Dec 20, 2011 11:39 PM | about stocks: GOOG, YHOO, EBAY, V, AMZN, NFLX

    December 20 2011

    The day of decision is a big deal for those interested in the outcome of the latest proposal to combat online piracy. In the days leading up to a vote in the Senate for SOPA (Stop Online Piracy Act, or HR 3261), which is scheduled for December 21 2011, there has been much heated debate. The bill's aim is to prevent the illegal use of copyrighted materials such as movies, music, and the sale of bootleg versions of prescription medicines, military gear and more; by paving a way for such materials to be blocked from internet access through strict domain server screening, the freezing of convenient profitability, and by stiffening the penalties for those streaming and receiving the items.

     

    Each side of the issue has weighed in heavily with their concerns for, or against the measure. On the one hand it's argued that it equates to censorship and loss of protected freedoms, which would all but mean "the end of the internet as we know it." In another view it was claimed to be very dangerous for the safety of the internet from an overall security standpoint in that it “will break the assurances from this security tool (DNSSEC.)"

     

    On the other hand content providers and copyright holders say they require more than the measures already on the books to protect them from further losses which they say the piracy costs them.

     

    Industry giants could find their business directly affected should the bill pass. Google (NASDAQ:GOOG), Yahoo (NASDAQ:YHOO), and Ebay (NASDAQ:EBAY) through their association with NetCoalition Group expressed fears and criticism that the law would prove an overburden task for them to uphold. Paypal and Visa (NYSE:V) would also be directly involved by the sought changes in the law.

     

    Other businesses such as proper streaming content providers like Netflix (NFLX,) Amazon (AMZN,) Hulu, HBO Go and other streaming content providers, could stand to experience an influx of users to their services if the law passes.

     

    quotes source wikipedia: 3.0 cc license creativecommons.org/licenses/by-sa/3.0/


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