According to Nikkei Asia, piracy cost the manga industry approximately 800 billion yen (US$6.92 billion) in Japan alone from January-October 2021.
Nikkei Asia reported on January 1 that companies and organizations from over 13 countries are cooperating to form the International Anti-Piracy Organization (IAPO), which will launch in April.
The director of CODA Masaharu Ina stated to TorrentFreak that CODA planned the foundation of the coalition last year.
Companies and copyright protection groups from South Korea and Vietnam are also expected to participate in the coalition.
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