Studios File 3rd Round of Movie Piracy Lawsuits

From Bloomberg News

The major Hollywood movie studios filed a third round of lawsuits against people they claim illegally swapped copyrighted films over the Internet.

The suits, filed by the Motion Picture Assn. of America three days before Sunday’s Academy Awards ceremony, accuse people of distributing bootlegged copies of Oscar-nominated films, including News Corp.'s “Sideways” and Pixar and Walt Disney Co.'s “The Incredibles.”

The MPAA says movie companies lost $3.5 billion in 2004 because of film piracy. The latest suits seek as much as $150,000 for each illegal download.