The first Asia-based companies, Viu and True Vision join a coalition of 39 members.
The Alliance for Creativity and Entertainment (ACE) has added the first two Asia-based media and entertainment companies operating in key Asian markets.
Hong Kong-based video streaming platform Viu and Thailand’s cable satellite TV provider True Visions are the latest members to join the growing coalition dedicated to combating piracy around the world.
Speaking about the deal, Charles Rivkin, Chairman of ACE and the Motion Picture Association, said: “The addition of Viu and True Visions is the beginning of an expansion to include local media companies from key markets around the world. By growing ACE’s footprint throughout the APAC region, we are building new relationships with local law enforcement authorities and other key partners in our ongoing effort to shut down piracy operations around the world. These new members further strengthen ACE’s global reach and collective approach to disrupting a piracy ecosystem that harms the creative economy worldwide.”
Now in its fifth year, ACE has consistently grown its global membership base; the coalition is now comprised of 39 members, including Viu and True Visions, with more to join in the coming weeks. Viu and True Visions mark the first Asia-based companies to join the coalition.
Sompan Charumilinda, Executive Vice Chairman of True Visions, added: “Online piracy poses a grave threat to Thailand’s economy, creative economy, and to our reputation abroad. We want to support Thai people, as they compete in a globalized marketplace, by protecting their work with strong intellectual property rights stewardship. We are pleased to be the first member of ACE based in Thailand and look forward to helping drive important actions in this market that will improve the piracy landscape and pave the way for a brighter future.”
Janice Lee, CEO of Viu, stated: “As one of the leading video-on-demand services offering premium Asian content, we recognize the need to address the piracy that is widespread in our markets. We are committed to ensuring that consumers move from illegal piracy sites to legal options like Viu by providing an unparalleled viewer experience and investing in the creative ecosystem. By being a part of ACE, we hope to make an even more positive impact on our consumers and the industry at large. This is why Viu has decided to join ACE and work to stop the disruption of the world’s legal film, TV and streaming industry.”
ACE is supported by a network of experts operating in high-tech investigations and law enforcement, in partnership with local governments and law enforcement agencies around the world and international organizations like Interpol and Europol, to take on the full supply chain of pirated content.
ACE’s antipiracy campaign in North America alone has reduced the number of identified illegal streaming subscription websites in North America from 1,400 in 2019 to slightly more than 200 today. Such successes are being replicated in other continents.
Representing 80% of all piracy today, piracy of digitally streamed content puts innovation, creativity and investment at risk and threatens creators, innovators and consumers alike. According to the Global Innovation Policy Center, piracy amounts to between $29.2bn and $71bn annually in lost domestic revenues.
