The movie industry is experiencing its own version of the “festival craze” as a series of online releases and streaming services have begun to roll out.
The trend has already spread to other entertainment and technology industries, but the focus has been on films and TV series that are available for purchase online.
According to the Hollywood Reporter, Hollywood and television executives are “concerned about the online proliferation of movies and TV shows,” while retailers and distributors are concerned about the rising number of piracy.
Some entertainment companies have begun offering refunds to people who have purchased unauthorized movies and shows online.
The industry has already seen a number of recent films and shows go online, such as The Hobbit: The Battle of the Five Armies and American Hustle.
However, the biggest threat for the industry right now is a major new wave of piracy, which is being spearheaded by sites like The Pirate Bay and KickassTorrents, which offer users the ability to download and watch pirated content.
The Hollywood Reporter notes that this new wave has been especially bad for TV shows, with several popular shows, such Star Trek: Discovery, The Flash, and Arrow, being downloaded and re-released on torrent sites.
These sites have a huge following, and the movies and television shows that are being released online have an even bigger audience than before.
As of Tuesday, the Pirate Bay, a popular torrent site, had nearly 1 million users, and KickAssTorrents had about 700,000 users.
The sites, which allow users to upload, download, and share movies, television shows, and music, are currently down by more than 75 percent in the past week.
The New York Times notes that “Piracy threatens to become the new normal” as the number of people downloading content online has exploded, with more than half of all users uploading and downloading content for personal use.
As the number and quality of movies being uploaded and streamed increase, it is becoming more difficult for studios to make their movies available for viewing online.
According to The New York Post, the demand for pirated films has increased by more people than movies themselves.
The new wave also has the potential to impact the streaming industry as it can cause content companies to have to take action, such that the films they offer are not available online.
Many streaming services are looking at ways to make content available on their platforms, such for streaming to mobile devices or for subscription to a cable provider.
However this is not the only way that this is happening.
According the Hollywood Business Journal, online streaming services such as Netflix and Hulu have begun charging companies such as movie studios and TV networks a fee for streaming their content.
The fees are based on the size of the download, as well as the time and bandwidth required to stream the content.
This creates a kind of incentive for streaming companies to release movies that are already available online for free.
However it is unclear if this will be enough to keep studios from releasing films online, and for other companies to continue producing and distributing movies that cannot be streamed.
The Rise of the Pirate PartyIn response to the torrent boom, the Hollywood lobby has been working hard to push for legislation that would prevent copyright holders from making profits off pirated movies and content.
One of the most recent attempts has been the “Stop Online Piracy Act” (SOPA), which is currently under debate in the House of Representatives.
SOPA would prohibit copyright holders such as Hollywood from charging internet service providers a fee to enable users to watch movies and other content.
As mentioned earlier, the new wave is also threatening to threaten the streaming industries as they attempt to keep their movies and music on the web.
The SOPA bill was co-sponsored by Hollywood Democrats, the House and Senate Democrats, and tech companies including Apple, Facebook, Google, Amazon, Netflix, and Microsoft.
The bill has also attracted the support of many major tech companies, including Facebook, Intel, Intel CEO Brian Krzanich, Microsoft co-founder Paul Allen, Microsoft CEO Satya Nadella, and many others.
However many tech companies have argued that the legislation is necessary because of the current trend of illegal downloads, as many people are accessing pirated files online.
Some Hollywood lobbyists also argued that SOPA was not a good solution for the entertainment industry, as it does not make it easier for studios or other content providers to make money off pirating content.
In fact, SOPA could hurt the industry and force them to make investments that could help them to survive in the future.
Some of the more prominent Hollywood figures, such Asperger’s Association President Jeffrey Katzenberg, and Hollywood actress Ellen Burstyn have all spoken out against the bill, saying it would make it impossible for them to continue as they have been doing for the past several years.
As a result, many people have begun taking to social media to call for the bill to be defeated.