White House declines MPAA's call to hold piracy summit

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"It’s important for both sides on this issue to come together and work out that solution that both deals with online piracy and continues to ensure a free and open Internet. And we think that’s possible," Carney said.

"But I think this is a legislative process that folks on the Hill can take up, working with those with strong opinions on both sides of the issue."

Both SOPA and PIPA appear to be postponed indefinitely due to concerns they would result in censorship and stifle innovation online. The movie studios, along with the recording industry and the U.S. Chamber of Commerce, have been lobbying furiously on behalf of the legislation in recent years.

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