Summary: A recent UK government inquiry into the challenges faced by the film and high-end television industry has recently received submissions from major Hollywood studios advocating for KYC (know your customer) rules for hosting providers, similar to banking regulations to identify money laundering. If adopted, this would help them to identify people hosting pirated content.
The submissions are united in identifying the same solution to this problem: the UK must implement a ‘Know Your Business Customer’ regime to compel commercial entities (including online intermediaries) to establish the true identity of their business customers as a precondition for selling, and receiving payment for, digital services.
I think it’s more aimed at developed countries and scaring people from pirating and hosting.
It’s like a bell curve and if they make the effort to stop piracy, it will cover a certain threshold where people will choose not to engage.
If they made no effort, then that’s an invitation that there are no consequences. So I don’t think they’re trying to stop piracy. They’re just making it one step harder so certain people will choose to buy the product instead.