LOS ANGELES (Reuters) - Hollywood's major movie studios filed a new round of lawsuits across the United States on Thursday against people who trade illegally copied films and TV shows on the Internet.

The civil suits against unnamed "John Doe" defendants seek up to $150,000 per downloaded digital file and come as the U.S. film industry prepares for its annual Oscar telecast in Hollywood where awards for top films and stars are given out.

The studios, represented by the Motion Picture Association of America, took the opportunity of the Oscars to again press the case that the illegal copying of films and their black-market distribution on the Internet is costing them millions of dollars a year in lost revenue.

The studios claim they lose $3.5 billion worldwide in annual revenues from sales of illegally copied movies on video and DVD formats in street bazaars and black markets.

They can try all they want, it won't stop the illegal downloading. *shakes head* Get the rest of this story here.

-Reuters