"Several Hollywood studios, Amazon, and Netflix, are requesting millions of dollars in damages from SET TV, an IPTV service that was sued last year. The company initially denied the copyright infringement allegations but stopped responding a few months ago. As a result, it's now facing a default judgment."
READ MORE https://torrentfreak.com/netflix-and-hollywood-want-millions-in-piracy-damages-from-set-tv-190701/
if you have 250,000 users a month and you charge them $10 each that is a great profit margin.
I bet these blokes have moved all the cash overseas and are now living on some nice beach island they bought and ladies in bikinis getting their drinks ..
they have done a runner as they say ... I know I would in their situation.