Nonsensical. All this will do is drive filesharing sites to regions where they cannot be touched, where they will then be run by genuine criminals.
Let's shut down dropbox too while we're at. And youtube. And ftp sites. And, oh wait, the internet's gone because the entire world wide web is built upon the principle of exchange of data - ergo a potential means of distributing copyrighted material.
And calculations of 'lost revenue due to online piracy' are bullshit and entirely speculative. It's simply not a case that someone who downloads a film would have otherwise paid to watch it. The real piracy is the bootlegging and selling of actual discs on market streets in Eastern regions, which thus see significantly diminished revenue because no-one is going to the cinema. But fuck all has been done about that since the early 90s.
The solution to all of this is simple. Don't allow your home video formats to be used with computers. If blurays couldn't be played on a computer at all, the ease of pirating them would be drastically reduced. But instead, the PC market appears to actively encourage copying by allowing people to read DVDs and CDs, copy their contents (even using official programs), and then burn them onto very cheap blank DVDs.. at no cost to the original's quality.
Remember in the days of VHS/Betamax when even if you could set up your system to copy (requiring two vhs players), it was a crappy quality version?
And what's more, have some goddamn security at your own offices and don't flood the awards folk with screeners AKA Copy Me.
To my mind, online piracy actually does fuck all to revenue streams, precisely because it's so relatively miniscule, it's just being targeted because it's easy for companies to connect falling revenue to it. Why bother to analyse why people aren't going to cinemas nearly as much as they were 50 years ago when you have an easy scapegoat? Especially when that scapegoat can be mislabelled as stealing.