In a call to arms for American industry, NBC Universal chairman and CEO Bob Wright urged the nation’s political and business leaders to attack piracy and counterfeiting with a vigor nearing that of the war on terror.
In a speech Friday titled “A Time of Reckoning” before the U.S. Chamber of Commerce, Wright said the threat piracy poses to the country’s economic security was nearly equivalent to the threat terrorism poses to the nation’s physical security.
“Five years ago we learned, tragically, that our physical security is under attack,” he told the audience at the chamber’s symposium on counterfeiting and piracy. “Since then, we’ve been a nation at war, with immense resources mobilized to fight a difficult struggle against an elusive enemy. Today, I want to suggest that the second pillar, our economic security, is also being challenged.”
Wright warned that the problems the entertainment industry faces because of piracy will soon hit other economic sectors.