International law may soon allow the Caribbean island of Antigua to sell copyrighted movies, TV shows, music, games and software online without paying a penny to studios and other content owners. Antigua today accepted a World Trade Organization decision authorizing it to sell up to $21 million annually in U.S. intellectual property without paying royalties. Wto says the appropriation of U.S. copyrights is justified to compensate for U.S. trade sanctions that crippled the tiny island’s online gambling industry. In a statement to the Wto, Antiguan High Commissioner to the UK Carl Roberts paraphrased Bob Dylan: “[As] an American musician once said, ‘When you have nothing you have nothing to lose’”. Deputy Assistant U.S. Trade Representative for Public & Media Affairs Nkenge Harmon tells me via email that any Antigua-aided piracy would hurt chances for a settlement and foreign investments in other Antiguan industries including high-tech. “To be clear,...
- 1/28/2013
- by JEN YAMATO
- Deadline TV
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