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Tollywood loss with Piracy - Rs.250 Cr

Slowly and steadily Tollywood seems to be analyzing the facts behind losses bared by industry with web piracy. Especially producers started to worry after losing more than Rs.250 Crores in last five months on pirated CDs, cable and web piracy. With raising production costs and low success rate, we find that piracy menace is still eating away the revenues. 

Now, a group of leading producers are holding discussions with team of top police officials on suggesting the measures to save the industry from piracy. ‘We met police officials and urged them to stem the piracy menace. They assured us that they would initiate some drastic measures,’ said C. Kalyan, producer and president of the South Indian Film Chamber of Commerce.

Recent discovery is that more money is lost through ‘web piracy’ rather than pirated CDs and illegal screenings on cable. Apparently, 11 member filmmakers delegation urged the cops to swoop down hundreds of websites and video shops. Then punish the offenders with imprisonment for 1-5 years under Goondas Act.

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