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Also on the list are Argentina, the Bahamas, Brazil, the European Union, India, Indonesia, Lebanon, the Philippines, Poland, Russia and Taiwan S "The administration is committed to protecting American creativity and intellectual property, one of the most dynamic sectors of our economy," Zoellick said The ministry also said South Korea has strengthened laws and launched a vigorous campaign to crack down on copyright piracy requests S trade officials estimated were costing millions of dollars in lost revenue for the U The action had the support of American companies, which contend that piracy in South Korea cost U intellectual property robs Americans and hurts those countries whose economies rely on innovation, technology and investment," Zoellick said in a statement and South Korean companies that hold the copyrights to the movies The administration is required by Congress to conduct an annual review of copyright right problems around the world S S priority list because of U S S copyrights The administration said a special review completed last month found that the growth of online music piracy in South Korea was harming U S Trade Representative: http://www "The pirating of U U gov/ S â€â€?â€â€?â€â€? On the Net: U "Online piracy of recorded music is rampant in Korea and has had a devastating impact on our industry already," said Neil Turkewitz, executive vice president for international affairs at the Recording Industry Association of America The administration said it had been encouraged by some steps by South Korea, including the granting of police authority to inspection teams responsible for investigating the piracy of computer software South Korea becomes the 12th country or trading group already on the U economic penalties U If negotiations with South Korea fail to produce results, the administration's next step would mean elevating the country to top offender designation, raising the threat of U and other foreign music companies as well as the South Korean recording companies copyright owners $572 million in 2002 complaint said the South Korean government had failed to move on two of the highest priorities: submitting legislation to improve the protection of sound recordings and resolving film piracy issues related to the Korea Media Rating Board S S S Korea of Piracy Failure Jan 8, 10:05 PM EST The Bush administration, seeking to crack down on piracy of American movies, records and computer programs, branded South Korea on Thursday as among the worst offenders in failing to protect U "We will continue our efforts to protect copyrights," the Foreign Affairs and Trade Ministry said in a statement S The U S For example, the United States has in place $75 million in annual trade sanctions against Ukraine for copyright piracy South Korean officials said they would review the U The review found continued piracy of American motion pictures in South Korea that U Turkewitz said South Korea has failed to enact modern copyright laws even though the country has the highest percentage in the world of homes with high-speed internet access S Trade Representative Robert Zoellick announced the addition of South Korea to list of countries that are subject to special monitoring and consultation aimed at ensuring they address copyright piracy issues government's decision "failed to reflect our efforts to protect copyrights," it said S But the U Accuses S ustr allegations the nations are not doing enough to halt the piracy of intellectual property In a statement, Vivendi said revenue was 5 80 billion), aided by a strong performance from its Universal Pictures cinema division and its U Canal Plus reported a 21 percent drop in revenue in the first quarter to 923 million euros ($1 Sales of video games slipped 27 percent to 77 million euros ($93 million) 94 billion), helped by sales growth in its SFR mobile phone unit and a 5 percent rise in income from Maroc Telecom, its Moroccan telephone division television businesses 's NBC, saw its revenue grow 3 percent to 1 Revenue from Vivendi's telecoms operations jumped 14 percent to 2 49 billion euros ($1 23 billion euros over the same period last year Vivendi Universal Entertainment, soon to be merged with General Electric Co 12 billion), but the slide was the result of the sale last year of Telepiu, its Italian pay-television business Vivendi's revenue was bruised by a slide in its music and video games businesses, but its telecommunications units and its Canal Plus pay-TV operation in France turned in stronger performances Stripping out Telepiu, revenue would have been up 8 percent, Vivendi said Stripping out currency factors and the impact of asset sales, Vivendi said first-quarter revenue would have been 11 percent higher 22 billion) in the three months ending in March, down from 6 97 billion euros ($7 Past Asset Sales Hurt Vivendi's Revenue May 5, 8:06 AM EST French media giant Vivendi Universal SA said Wednesday first-quarter revenue slipped 4 percent, hurt by a combination of a weak dollar and past asset sales 43 billion euros ($2 S Revenue from Vivendi's entertainment business held steady In its statement Wednesday, Vivendi said revenue from music dipped 11 percent due to the weak dollar and the impact of internet music downloading |
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