China's Ongoing Battle Against Piracy: Can Legitimate Businesses Compete?

The video discusses the entrenched nature of the piracy business in China, highlighting the challenges authorities face in shutting it down. It explains how piracy diverts significant revenue from legitimate businesses, with a focus on the sale of pirated DVDs and CDs. Warner Home Entertainment's new strategy to combat piracy involves selling DVDs at competitive prices, slightly higher than pirated versions, in collaboration with China Audio Video.

What is one of the main reasons authorities struggle to shut down the piracy business?

• There is no legal framework to combat piracy.

• Piracy is a new and emerging issue.

• Legitimate copies are more expensive than pirated ones.

• Piracy is supported by the government.

How much money was reportedly diverted from legitimate businesses to illegal activities due to piracy in China last year?

• 10 billion U.S. dollars

• 16 billion U.S. dollars

• 20 billion U.S. dollars

• 5 billion U.S. dollars

What is Warner Home Entertainment's strategy to compete with pirated DVDs in China?

• Providing digital downloads at no cost

• Offering free DVDs with every purchase

• Partnering with local cinemas to offer exclusive screenings

• Selling DVDs at a price slightly higher than pirated versions

Who is Warner Home Entertainment partnering with to trial its new anti-piracy strategy?

• Chinese Government

• China Audio Video

• International Film Association

• Local Cinemas

What is the price Warner plans to sell its basic DVDs for in China?

• CN¥30

• CN¥22

• CN¥50

• CN¥10