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CASBAA Cheers APEC

(Business News, 17 Sep 2007 )

Industry body Cable & Satellite Broadcasting Association of Asia (CASBAA) has applauded a call by regional political leaders at the recent APEC (Asia Pacific Economic Council) meeting for governments to "effectively address" the issue of satellite and cable TV signal theft.

"The new priority given by the APEC ministers to this problem is great news," said Marcel Fenez, the Chairman of CASBAA. "With estimated pay-TV piracy in Asia topping $1.1 billion—and still rising—governments must sit up and take notice."

The APEC statement noted that TV signal piracy does great harm to copyright owners, legitimate pay-TV operators and broadcasters.

"The big change is that Asian governments now see the damage that piracy of all kinds to does to their domestic economies," said Fenez. "With more and more Asian content entering the global media market, it is not only the legitimate distributors, but increasingly Asian content owners who bear the brunt of signal theft."

The Ministerial statement followed a recommendation by the APEC Business Advisory Council last autumn which called on governments to revoke operating licenses from pay-TV operators who distribute content without authorization from copyright holders.

"APEC governments have every reason to be concerned," said Fenez. "Piracy undermines the creative industries, delays digital development, and saps tax revenues that could be used for national goals."

CASBAA

 
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