News — February 22, 2012 at 1:58 pm

Reports on Piracy: some Asian countries make it on Priority Watch List

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The International Intellectual Property Alliance (IIPA) has recently published their 2012 Special 301 Report on Copyright Protection and Enforcement, an annual report that reviews acts, policies, and practices of foreign countries’ protection of intellectual property rights and equitable market access.
A few Asian countries appeared on the IIPA watch lists this year: those listed under the Priority Watch List are China, Indonesia and Thailand. Malaysia, Philippines and Vietnam, however, are on the Watch List.
study by BASCAP (Business Action to Stop Counterfeiting And Piracy) reveals that the value (not losses) of digitally pirated music, movies and software has reached an estimate of $30-75 billion in 2010. This amount is predicted to hit $80-240 billion by 2015. Not only does this imply job destruction and business shortfalls, but it also slows down the setup of new legal distribution channels, and the growth and investment in the creative industries.
Good news for Singaporeans though – despite the country’s lack of legal downloading and streaming services, they were given a special mention for copyright enforcement and/or market access-related concerns by the IIPA.