U.S. Rep. Linda Sanchez, the California Democrat, compared the state of the entertainment industry in the era of digital piracy to the Wild West on Thursday, adding that as it currently stands, “there is no sheriff.”

Veteran producer Gale Anne Hurd, whose credits include the “Terminator” franchise and TV’s “The Walking Dead,” added that she often seen no profits from her past film projects. “I mean, literally,” she said on a panel about the future of the the creative economy at TheWrap’s Power Women Breakfast in Washington, D.C.

Ruth Vitale, the CEO of CreativeFuture, cited a Global Innovation Policy Center study that the U.S. loses $29 billion annual to piracy.

Subscribe to TheWrap’s YouTube: http://bit.ly/TheWrapYTSub
Subscribe to Our Newsletter: http://bit.ly/TheWrapNewsletter

Twitter: http://bit.ly/TheWrapTwFollow
Instagram: http://bit.ly/TheWrapIG
Find us at www.TheWrap.com

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here