Copied from Yahoo, Thought you guys might want to see what a leaze the HLYW CEO is
The following are highlights from the complaint filed. Unreal.
Hollywood knowingly and intentionally breached the provisions of the ...Agreement..by selling cassettes within 26 weeks of the street date and intentionally altering Hollywood's reporting system so as to not report those sales to Rentrak.
In or about the summer of 1997, Hollywood deliberately shut off its computer software so that it failed to report to Rentrak certain rentals of cassettes. This intentional shutting off of Hollywood's computer system resulted in at least 554,870 rental transactions that should have been, but never were, reported to Rentrak.
In or about Septemeber 1997, Rentrak discovered that Hollywood had ceased reporting to rentrak virtually any sales of cassettes and began requesting information from Hollywood.
In or about November 1997, two of Hollywood's Senior Vice Presidents ordered Hollywood's computer programmers to create a system whereby sales of Rentrak's cassettes would be "filtered" so that many cassette sales would not be reported to Rentrak. Specifically, the scheme was intended to not disclose to Rentrak that Hollywood had sold thousands of copies of the movie, Scream, within 26 weeks of the street date.
...Rentrak made eight separate written requests for reporting information including a list of the location of every cassette. In response, Hollywood denied that there were any reporting problems, insisted that Rentrak was mistaken, and resisted Rentrak's efforts to conduct a full audit.
Now, I ask you all. If HLYW would resort to what appears to be criminal activities like this to screw RENT and the studios, how can the studios trust any retailers to be honest with them without relying on RENT and its systems to catch deceptice practices such as those practiced by HLYW?
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