Movie Piracy Cost 6.1 Billion

Written by Ernesto on May 03, 2006 

The movie industry lost 6.1 billion according to a recent study by the MPAA, 75% higher than they expected. So it seems like the MPAA is losing “the war on piracy”.
In the US alone the movie studio’s lost 1.3 billion in 2005. And it is even worse, these figures only account for the losses [...]

The movie industry lost 6.1 billion according to a recent study by the MPAA, 75% higher than they expected. So it seems like the MPAA is losing “the war on piracy”.

In the US alone the movie studio’s lost 1.3 billion in 2005. And it is even worse, these figures only account for the losses of the studio’s that are a member of the MPAA.

6billion

This recent study is yet another story showing that the MPAA’s efforts don’t really have an effect. The Razorback2 raid is a great example: The MPAA claimed a great victory, but in fact the data shows that it had no impact at all.

Another study by cachelogic even showed that P2P traffic is rapidly increasing.

But the war is not over according to MPAA CEO Dan Glickman:

“We are calling on governments internationally to continue to work with us in limiting the impact of piracy on local economies and the film industry,” MPAA chairman and CEO Dan Glickman said. “Movies are a valuable product, and intellectual property must be respected. This study will help us better analyze and focus our efforts to fight movie theft.”

However, so far it seems like the pirates are winning this battle.

Previously: BitTorrent Interview

Next: Bank advertises on The Piratebay

18 Responses

1 May 04, 2006 at 12:55 by ShadySandman

Hahah they will never stop it!

2 May 04, 2006 at 19:45 by Mirela

“Oh the poor studios” I hope their incomes decrease more and more!

3 May 06, 2006 at 02:51 by Pariah

“…by the MPAA” Whatever. If I was the MPAA I’m sure I’d blame everything on piracy, too.

http://torrentfreak.com/michael-geist-interview/

I’ll believe Geist before some money-grubbing monopoly.

4 May 10, 2006 at 19:54 by corypolo

Yes… Hollywood isn’t losing money because of releasing copious remakes/sequels/big-screen-adaptions-of-small-screen shows, starring the same 50 actors with the same 20 directors, for which we are charged more money for funky digitally printed movie tickets, ever-decreasing quality/selection concession food…money which obviously doesn’t go to staffing, since the theater isn’t hiring, so the auditoriums are dirtier than ever despite less people attending!

Besides, who can really say if someone who downloaded a movie free would have paid to see what is mostly drivel that passes for cinema these days? “Hoot”? Who(t) greenlit THAT piece of trash?

5 Jul 30, 2006 at 12:07 by George

Mirela, you are just stupid. What you don’t realize is that if studio’s income decrease more and more, good films with spectacular cgi and special effects will be a thing of the past. And then we will only watch 10 million max budget films and miss the good old days. I don’t think neither of we want this…i think we want to see more big budget movies and enjoy more and more realistic fx.

PS: Mirela, I hope you are not romanian…anyhow you are so stupid

6 Mar 17, 2007 at 16:55 by peter

The cost of Piracy is illussional. The MAJORITY of people on this planet can hardly afford to eat. Those that struggle to purchase a computer cannot afford the software nor could they ever purchase a CD or DVD. Imagine if the Big corporations found a way to stop all “illegal” copies. The majority of people would simply never know what they missed. They would simply not be able to purchase it.
The corporations want us to beleive that billions of POOR people are not purchasing a CD/DVD because they can get a free or cheap copy! Most live under $2 a day. What part of $2 are these big companies missing out on?

7 Sep 03, 2007 at 22:11 by KJ

This is a lot of lies. there is no way piracy losses in the US are greater than in China. I suspect this is a ploy to clamp down on BitTorrent use which in actual fact would only represent a small small fraction of any such losses.

8 Sep 28, 2007 at 08:31 by angeline cruz

…i was shocked to know that here in the even in the neighboring continents of asia, there is also piracy in the music and movie industry.and what’s more shocking is that united states has the largest no. of piracy in international market.

9 May 23, 2008 at 20:35 by Goje

This is not piracy. All films that are shown to the public give up the right to be protected. If a caveman was telling a story, and everyone loves it, then that’s what artistry is all about. MPAA and all governments that enforce the MPAA need to pay the price for capitalism. They enforce the idea that “the strongest survives” so they shouldn’t hurt society if it wants to take movies. Society is stronger than (and dictates the actions) of all democracies, including the US and the MPAA.

10 Jun 06, 2008 at 00:41 by Anon

Really they haven’t lost anything, the whingers. This is invented. But in regard to digital transfer, that will only increase.

6 however is a very small number, and I’d have expected to see a larger figure. I was also a bit surprised and disappointed to see Australia didn’t even make the ranking list.

11 Jun 06, 2008 at 00:43 by Anon

What it means is they covet what is not theirs

12 Jun 06, 2008 at 00:59 by Anon

Besides online sharing, the main reasons for their declining sales are a decreased output of new movies, unrealistically high and inconsistent market pricing, unavailability, low quality budget films, PC unplayability.

Not to mention all the bad PR due to suing their customers and demeaning their intelligence and honesty with their insidious propaganda.

They’ve shown us their true nature and people don’t like it. They naturally rebel against tyranny.

13 Jun 06, 2008 at 01:05 by Vernon

“8 Sep 28, 2007 at 08:31 by angeline cruz

…i was shocked to know that here in the even in the neighboring continents of asia, there is also piracy in the music and movie industry.and what’s more shocking is that united states has the largest no. of piracy in international market.”

Have u been hiding under a rock and just peeped out and seen the propaganda?

14 Jun 06, 2008 at 01:13 by Vernon

@5 George, you are an idiot. They make cheap budget chick flick movies because they are so greedy they are also tight as. If they make cheap crap and fewer movies, is it any wonder sales will further decrease? Open your eyes, man!

15 Jun 06, 2008 at 01:55 by Alan Baits

People have also turned to the Internet because other formats have died. Greed has seen free-to-air TV programming turn to crud. Soap, reality shows, and 30 year old feature movies predominate, along with a 2-1 ratio of programming to ads. The best content sells to pay TV.

Even pay TV has it’s shortcomings. Constantly recycled content with few new monthly releases, along with ancient TV shows with only one season repeatedly shown. This is all because new content licensing deals cost more than to continually show the same ones. Then also they are sneaking in more and more ads, when it’s supposed to be ad-free, which is why people pay for it. Also of course it is controlled programming, not what people actually want. Much of it is devoted to sport and merchandising.

DVDs have been covered. Cinema is extortively priced, and people have been forced to become price conscious due to the soaring cost of living. Many have home theatre setups and watching at home has become preferrable. PC monitors are larger and better. The Internet has improved and is more affordable to many. Storage medium have increased capacity and are cheaper. That’s it.

16 Jun 06, 2008 at 02:02 by Dan Sickman

“Movies are a valuable product, and intellectual property must be respected”

How do they expect respect with people like him running/ruining the show?

17 Jun 06, 2008 at 02:57 by The Boy Next Door

Aaahahah!

Oops, I mean, bad luck.

18 Jan 14, 2009 at 01:18 by Grabit Plz

I'm an aspiring director and I don't want my films being illegally downloaded before it even reaches theaters. All the painstaking effort, patience, persistence, and passion infused in completing a film should be rewarded. Although I agree that having legions of fans and admirers of my work is apart of the artistry but we're in a recession and bills need to be paid. If I create a movie I would like to be compensated for my creation. Piracy is a problem…although I don't know how huge I'm sure everyone can agree that it does affect box office returns and causes conflict for right holders. Something should be done to minimize file sharing because it'll be delusional for one to think it would be eliminated completely.

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