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Stock impact report

$1 billion Supreme Court music piracy case could affect internet users [USA TODAY]

Sony Group Corporation American Depositary Shares (SONY) 
Company Research Source: USA TODAY
Cyber Week: Best Laptop Deals CYBER MONDAY Cyber Week: Best Laptop Deals WASHINGTON - The entertainment industry's seemingly losing battle to stop music from being illegally copied and shared in the digital age hits the Supreme Court on Dec. 1 in a case both sides say could have huge consequences for both the industry and internet users. A decision by the high court that fails to hold internet service providers accountable for piracy on their networks would “spell disaster for the music community,” according to groups representing musicians and other entertainers. But Cox Communications, the largest private broadband company in America, argues too tough a standard could “jeopardize internet access for all Americans.” The world's leading recording companies and music publishers say Cox helped 60,000 customers distribute more than 10,000 copyrighted works for free, contributing to a problem that robs the industry of billions of dollars a year. Jury said Cox owed $1 billio Show less Read more
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