Thursday, October 02, 2008

Hollywood Aims to Block RealNetworks' DVD Software

Hollywood's six major movie studios on Tuesday sued RealNetworks Inc. to prevent it from distributing DVD copying software that they said would allow consumers to "rent, rip and return" movies or even copy friends' DVD collections outright.

The studios stand to lose key revenue from the sale of DVDs, estimated by Adams Media Research at $15 billion in the U.S. this year, if consumers stop buying DVDs and instead copy rental discs from outlets like Netflix and Blockbuster.

Full story