According to an article in my local paper today, the bills are still active.  What's worse is that although many people, including the original proposers of the bills are now backing away, others are signing on and promoting them.

The problem here is, as the paper put it: Hollywood vs. Silicon Valley

What it's really going to come down to is which faction has the most money that it's willing to give to the campaign funds of the Congresscritters running for office this year.

I suspect that the bills will pass.

I also believe that the courts will strike down many of the provisions as they did with other laws such as the Communications Decency Act.

I agree with you that this legislation is geared more for Hollywood than news outlets, but the bill is written in a very one sided way that would give even news outlets the power to invoke the bill if it is passed, and that is simply wrong and constitutionally offensive.  Why give those assholes more power over us than they already have, and power that they don't need?

It wouldn't be smart for "Big" Fox to object the posting of American Idol videos cause this show, like many others, relies on social media for viral marketing and for consumer feedback.  Furthermore, they will alienate many of their viewers, especially young tech savvy ones.

There's a bigger issue here. If SOPA/PIPA or a revised equivalent passes, it's only a matter of time before someone figures out that they can have *any* site shut down on their say-so. So the real problem is the possibility of widespread censorship.