https://www.barrons.com/news/european-police-pull-plug-on-largest-illegal-streaming-service-f9b1c461 We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. CHROME SAFARI FIREFOX Explore Our Brands * WSJ * ----------------------------------------------------------------- * Barron's * ----------------------------------------------------------------- * MarketWatch * ----------------------------------------------------------------- * IBD * ----------------------------------------------------------------- * * ----------------------------------------------------------------- Buy Side from WSJ Barron's Logo Sign In Barrons Next: * * * * Share Summary Summary U.S Europe Asia FX Rates Futures ETFs Crypto DJIA S&P 500 NASDAQ Russell 2000 U.S. 10 Yr VIX Bitcoin Crude Oil Dollar Index Future Index Barron's 400 [barrons-lo] This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/news/ european-police-pull-plug-on-largest-illegal-streaming-service-f9b1c461 * FROM AFP NEWS European Police Pull Plug On 'Largest' Illegal Streaming Service * * * * --------------------------------------------------------------------- By AFP - Agence France Presse November 27, 2024 * Order Reprints * Print Article Text size An international police operation has shut down "one of the world's largest" illegal online streaming services, used by some 22 million people worldwide and causing billions of euros in copyright damages, EU law agencies said on Wednesday. Police from nine EU countries and Britain swooped on suspects on Tuesday, shutting down servers and carrying out searches, Eurojust and Europol said in separate statements. "In a large-scale operation, over 100 searches were carried out against 102 suspects. Eleven suspects were arrested in Croatia," the EU's judicial cooperation arm Eurojust said. The suspects "illegally distributed material from streaming services online, including films and series", it added, saying that "the illegal service served more than 22 million users worldwide". The suspects also pirated more than 2,500 television channels including sports channels. "They were able to make over 250 million euros in illegal profits per month. The economic damages to the copyright holders of the material is estimated at 10 billion euros," Eurojust said. To evade authorities, the suspects allegedly used encrypted messaging services to communicate and false identities to register phone numbers, credit cards, server rentals and television subscriptions. The Hague-based Eurojust coordinated the operation by British, Croatian, Dutch, Italian, Romanian, Swedish and Swiss law authorities, while Europol supported the operation by deploying experts and analysing the available intelligence during the investigation phase. "In addition to intellectual property crime (copyright infringement), there are indications of further crimes, such as money laundering and cybercrime, which are currently under investigation," Europol said. Illegal streaming of films and TV programmes reached some 215 billion illegal site visits in 2022, said Britain-based MUSO, which claims to have the most comprehensive data on piracy websites. The figure showed an 18-percent increase between 2021 and 2022, covering 480,000 films and TV shows, MUSO said last year. jhe/bc The Barron's news department was not involved in the creation of the content above. This article was produced by AFP. For more information go to AFP.com. (c) Agence France-Presse READ MORE FROM BARRON'S Trump's Unusual Pick for NIH Director May Be a Win for These Stocks Trump's Unusual Pick for NIH Director May Be a Win for These Stocks These Stocks Moved the Most Today: Dell, HP Inc., CrowdStrike, Urban Outfitters, Symbotic, Nordstrom, and More These Stocks Moved the Most Today: Dell, HP Inc., CrowdStrike, Urban Outfitters, Symbotic, Nordstrom, and More Bitcoin Rises. Why MicroStrategy Could Help the Crypto Hit $100,000. Bitcoin Rises. Why MicroStrategy Could Help the Crypto Hit $100,000. Close European Police Pull Plug On 'Largest' Illegal Streaming Service An international police operation has shut down "one of the world's largest" illegal online streaming services, used by some 22 million people worldwide and causing billions of euros in copyright damages, EU law agencies said on Wednesday. From [ ] To [ ] Message [ ] SEND An error has occurred, please try again later. 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