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Chinese movie website is fined

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From the Associated Press

A Beijing court has ordered the popular Chinese Web portal Sohu.com to pay $140,000 in damages for distributing Hollywood movies online without permission, the movie industry’s trade group said Friday.

A subsidiary of Sohu.com Inc. also must publish an acknowledgment of wrongdoing, the Motion Picture Assn. of America said.

Sohu spokeswoman Zhang Xin said the company was aware of the ruling but had no comment.

China is regarded as the world’s leading source of illegally copied movies, software and other goods, despite repeated government promises to stamp out the underground industry. The MPAA blames piracy in China for costing U.S. studios $244 million in lost box-office revenue last year.

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