FBI shuts down web site that housed MMA and pro wrestling videos
The U.S. Justice Department and FBI today seized the New Zealand based web site Megaupload and charged seven people with copyright infringement and piracy.
Authorities deemed it one of the largest criminal copyright cases ever brought.
The site allowed people to upload large lifes such as movies and music, and had become the scourge of major media companies. They are being charged with causing $500 million in damages to copywright owners and of making $175 million between advertising and premium subscriptions.
Four of those charged, including Kim Schmitz, the founder, who earned $42 million in 2010, were arrested while three otehrs remain at large. The government also seized $50 million in assets, a number of servers and 18 domain names.
In retaliation, a hacker group was able to shut down the Justice Department's web site for several hours. They also claimed they shut down the Motion Picture Association of America and Recording Industry Association of America sites, who of the groups most heavily lobbying government officials to do something about the piracy.
There is a major New York Times story on this at http://www.nytimes.com/2012/01/20/technology/indictment-charges-megaupload-site-with-piracy.html
Send us a news tip: firstname.lastname@example.org
Note to webmasters/reporters:
When recapping news from this site or from our newsletters, please include a link to www.wrestlingobserver.com
For the most in-depth and detailed news and analysis on pro-wrestling and MMA, always turn to Wrestlingobserver.com/Figure Four Weekly Online, the #1 website of its kind on the Internet.
Members receive online access to both the Wrestling Observer and Figure Four Weekly newsletters and growing archives, Wrestling Observer Radio with Bryan Alvarez and Dave Meltzer three times per week,
the popular Bryan and Vinny Show twice per week, additional radio shows including Figure Four Daily with Alvarez, Mike Coughlin's Five Star Radio, the Dr.
Keith Lipinski Show, The Adam and Mike Big Audio Nightmare, Tough Talk and the Karl Stern Wrestling History Show, the infamous BOARD, and more! Members also have full
access to the thousands of hours of audio in our radio show archives which date back to 2005. For your convenience, we offer secure online payments using your VISA, Mastercard,
American Express, Discover card or PayPal account. Don't miss out on the fun, sign up now!
Don\'t miss out on the fun, sign up now!
Want full access? QUICK AND EASY $10.99 SIGNUP!