Full length video embedding?

Deviance

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I had no idea where I could post this thread, so I decided to put it here.

Anyway, I have a website (wordpress blog) that contains full length movies (like The Dark Knight, Wall-E, Monster vs Aliens etc). I upload them to a pretty well known video upload site and embed them on my blog afterwards. I make money through CPAlead, people need to fill in a survey before I allow them to watch the movies. The server I host on is an offshore server and the domain contact info is fake. My question is: how deep am I in trouble once Warner Bros, are a similar company, finds out that I'm offering their movies for free? Will they put a lot of effort in trying to get my IP so they can contact my ISP? Or will they just contact the site that I use to host my videos and tell them to remove them? I'm based in an European country if that matters.

Because seriously, I make a few dollars each day out of this with minimum work.. but it's not worth going to court for.

I was wondering what you guys are thinking about this?
 
Does anyone know if embedding is any worse than linking?
 
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