Movie fans downloading freepirated films are no longer Hollywood's worst nightmare, but that's only because of a newer menace: cheap, and equally illegal, subscription services.
US unveils strategy to fight piracy of intellectual propertyForeign, often mob-run, businesses aggregate illegally obtained movies into "cyberlockers" similar to Internet storage sites used by individual consumers to squirrel away pirated video. But the for-profit version of this phenomenon has spawned an array of sophisticated and seemingly reputable sites selling unlimited digital movie files for as little as $5 a month.

"Cyberlockers now represent the preferred method by which consumers are enjoying pirated content," Paramount Pictures chief operating officer Fred Huntsberry said Monday. (read more)