Word: tans
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...Tan says movie88.com, which offers streaming video of recent and classic Hollywood movies for about $1, is his brainchild. He's the Chief Technology Officer of Eternity Italy Limited, a "virtual company" registered in the Virgin Islands to avoid paying taxes. "It is not like a traditional business," says Tan. "We don't have an office and an address. As long as we have people and computers...
...What can't do is tell you much more about himself - partly because what he's doing is illegal under U.S. copyright law. Tan gives his age as "early thirties" and won't discuss his resume. He is ethnically Chinese, he says, but won't divulge his nationality. Although his servers are mostly based in Taiwan to take advantage of a loophole he claims to have found in that country's copyright laws, he flatly denies that he's Taiwanese...
...with years of empty promises about WebTV and the like, Tan and his colleagues started their site to jumpstart Internet broadcasting. "The main reason this content is held back is because of profit," explains Tan. "Someone has to do something; we're not going to wait. We had to start the ball rolling. I believe (movie88.com) is a good stepping-stone. We can force Hollywood and the movies studios and TV stations to do something (about putting more content...
...Through the website that handles Movie88's credit-card transactions, TIME was able to track down a man who calls himself S.E. Tan, who claims to have started the site to force Hollywood to distribute movies worldwide via the Net. "The main reason this content is held back is because of profit," says Tan. Hollywood's desire to protect movies from hackers is why Britney Spears' new opus, for example, isn't online today. Greed, he says, is standing in the way of progress. "Someone has to do something. We had to start the ball rolling...
...fact, Tan hopes to build Internet broadcasting sites for TV networks. "A few TV stations have approached us, but we can't name who they are until we finalize the agreements. They want to talk to us about broadcasting on our site - TV stations from Australia and Europe. I think Movie88.com is a good example of what we will see in the future...