Pay Per View distributor cheers Obama administration's crackdown on piracy

"On a personal level, obviously [stopping piracy] means more money for television revenue. But it's a tough sport and a lot of these guys don't have a pension."

His comments echoed similar thoughts expressed last month by representatives of the UFC and NFL, who, like Jacobs, compared shutting down pirated webcasts to a game of "whack-a-mole." UFC officials have called piracy their Achilles heel.

Jacobs said his company has had some success shutting down webcasts that leverage U.S.-based services such as UStream or JustinTV, but often struggles with sites based abroad where there is little legal recourse.

"A lot of the stuff I do in particular, [piracy] may hurt me more than some providers because lot of it is internationally-based," Jacobs said.

White House Intellectual Property Enforcement Coordinator Victoria Espinel recommended this week that Congress clarify illegally streaming an event online is a felony. Espinel said live sporting events and copyrighted films are the two most common forms of infringement.

Jacobs praised the administration for acting decisively to address the issue.

"I'm glad they're going out and being pro-active," Jacobs said. "Give credit to the sports leagues and the UFC for lobbying on this stuff. It's jobs, it's copyright, it's intellectual property and it should be respected."