Piracy chills showbiz investment.

NEW YORK -- Even though earnings and advertising market trends generally continue to drive entertainment stocks more than other factors, the threat of piracy has made investors more cautious about putting their money into the sector, according to Wall Street observers. And while most expect the film industry to avoid the kind of troubles experienced by the music business, the potential revenue loss from piracy amounts to several billion dollars, some estimate.

Read the article: www.hollywoodreporter.com