SOPA and PIPA postponed

Senator Reid has just released an official statement in regards to the planned vote that was

By
Music 
42 Hypes 0 Comments

Senator Reid has just released an official statement in regards to the planned vote that was scheduled for next week in regards to the Protect-IP Act.

“In light of recent events, I have decided to postpone Tuesday’s vote on the PROTECT I.P. Act.

There is no reason that the legitimate issues raised by many about this bill cannot be resolved. Counterfeiting and piracy cost the American economy billions of dollars and thousands of jobs each year, with the movie industry alone supporting over 2.2 million jobs. We must take action to stop these illegal practices. We live in a country where people rightfully expect to be fairly compensated for a day’s work, whether that person is a miner in the high desert of Nevada, an independent band in New York City, or a union worker on the back lots of a California movie studio.

I admire the work that Chairman Leahy has put into this bill. I encourage him to continue engaging with all stakeholders to forge a balance between protecting Americans’ intellectual property, and maintaining openness and innovation on the internet. We made good progress through the discussions we’ve held in recent days, and I am optimistic that we can reach a compromise in the coming weeks.”

Moments later SOPA sponsor Lamar Smith from Texas had a statement:

“I have heard from the critics and I take seriously their concerns regarding proposed legislation to address the problem of online piracy,” Smith said. “It is clear that we need to revisit the approach on how best to address the problem of foreign thieves that steal and sell American inventions and products.”

We’ll keep you updated as news develops.

Source: Senate.gov

Read Full Article

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

1064 Users Online

What to Read Next

SOPHNET. 2012 Spring/Summer Trailer
Fashion

SOPHNET. 2012 Spring/Summer Trailer

SOPHNET. has revealed teaser footage of its upcoming Spring/Summer 2012 collection. The elusive,

Stussy x Magic Stick x Just Blaze MAKE OR TAKE T-Shirt
Fashion

Stussy x Magic Stick x Just Blaze MAKE OR TAKE T-Shirt

Nao of Magic Stick and organizer of MAKE OR TAKE has joined forces with renowned hip-hop producer

President Obama sings Al Green's "Let's Stay Together"
Music 

President Obama sings Al Green's "Let's Stay Together"

President Barack Obama took center Thursday night at the legendary Apollo Theater in New York


Streetsnaps: City Labour
Fashion

Streetsnaps: City Labour

Location: Avignon, France Photography: Simon van Wijk/HYPEBEAST

Singing legend Etta James dies at 73
Music 

Singing legend Etta James dies at 73

Prolific and legendary songstress Etta James has passed away. In her illustrious career,

The making of Steve Aoki's 'Wonderland' LP
Music 

The making of Steve Aoki's 'Wonderland' LP

With his first full-length LP Wonderland released earlier this week, Steve Aoki talks about the

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.