Digital piracy tracking firm Irdeto reports that global downloads of pirated Oscar-nominated films jumped 385 percent in the 30 days following the nomination announcements on January 15. Irdeto suggests the pirated downloads represent about $41 million in lost revenue. While Hollywood studios and motion picture companies continue to struggle with the problem of piracy, some have recommended embracing the Internet for initial releases, making films available theatrically and online at the same time. Continue reading Academy Award Nominations Lead to Spike in Pirated Downloads