Il­le­gal site for film stream­ing made mil­lions

Kathimerini English - - Front Page -

A 32-year-old man has been ar­rested on a Dode­canese is­land for run­ning a web­site that al­lowed peo­ple to watch films for free, al­legedly earn­ing him and oth­ers up to 200,000 eu­ros per day.

A 28-year-old has also been charged with breach­ing in­tel­lec­tual prop­erty rights. Po­lice are search­ing for sev­eral other peo­ple. Be­fore view­ing a film, vis­i­tors to the site were forced to watch a 1-minute ad­vert, which was the web­site’s source of rev­enue. Some 930,000 films were viewed via the site ev­ery day and that the state lost 230 mil­lion eu­ros in tax rev­enues. The un­paid roy­al­ties are es­ti­mated at some 465 mil­lion eu­ros.

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