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Does Online Piracy Hurt The Economy? A Look At The Numbers

forbes.com

11–20 of 21 posts

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#12
post #5

With sites like piratebay,org and btjunkie.org, in some sense, "show business" as an industry is affected. The number of people hitting the cinema would be less since most movie goers would just wait for the "copy" to be available for download. But the workers behind show business aren't really being let out by their employers, so I don't think it's such a huge problem.

most movie goers would just wait Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies , and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words. Did you know our town had a second-run movie theater until last year? One of the last towns to have one. They were packed all the time - but the new owners of all the theaters in town closed it b…

Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies, and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words.

I doubt those perfect customers are representative of the average movie goer. Surely very few people "wait a week in line for the new Star Wars".

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#13
post #5

With sites like piratebay,org and btjunkie.org, in some sense, "show business" as an industry is affected. The number of people hitting the cinema would be less since most movie goers would just wait for the "copy" to be available for download. But the workers behind show business aren't really being let out by their employers, so I don't think it's such a huge problem.

most movie goers would just wait Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies , and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words. Did you know our town had a second-run movie theater until last year? One of the last towns to have one. They were packed all the time - but the new owners of all the theaters in town closed it b…

Saying movie goers is probably incorrect. However, I still stand by what I said that most of movie lovers, especially people between 15-22 who do not have enough means to go to every single movie they want to watch just wait for a copy of these movies to be available online. According to Hollywood, this is cheating. Pirate Bay as the name suggests thinks so too. But still, downloading movies has no significant effect of the number of movies being released every year. So really, I don't think show business as a whole is affected.

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#14
The majority of analysis on the economics of piracy are focused on record company profits in total. Does anyone know of any research on how the economics look for various groups of artists?

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As an example:

Artist A is a top rated multiplatinum artist

Artist B is a touring, not so profitable but making a living artist

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Do the economics of the industry for each artist change as piracy becomes more and less prevalent?

My gut is that artist B benefits as piracy becomes more prevalent because:

1) Artist B makes their money from touring so distribution is unimportant to them for profitability, rather distribution is a form of marketing.

2) Artist A loses because their distribution is more profitable (still not as profitable as touring for the artist) but their distribution funds their marketing.

Are those 2 points true? I’m going on what I think, but may be off.

More importantly I’d like to hear if anyone knows of any analysis performed on the different classes and how they are impacted by piracy? I would be willing to bet that if there are differences there are opportunities for niche business profits and if one wanted to make a good argument against anti-piracy legislation understanding those differences will be important for fighting those regulations.

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#15
post #5

Earlier quoted context omitted.

most movie goers would just wait Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies , and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words. Did you know our town had a second-run movie theater until last year? One of the last towns to have one. They were packed all the time - but the new owners of all the theaters in town closed it b…

Saying movie goers is probably incorrect. However, I still stand by what I said that most of movie lovers, especially people between 15-22 who do not have enough means to go to every single movie they want to watch just wait for a copy of these movies to be available online. According to Hollywood, this is cheating. Pirate Bay as the name suggests thinks so too. But still, downloading movies has no significant effect…

If they don't have the means to go to the movies (which I believe, yes) then there's no loss.

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#16
post #6

I'd love to see how much the RIAA/MPAA claim that megaupload was costing them in piracy. Surely we'll see that money just come flying in now that megaupload has been shut down?

$500 million according to what I've read, here in WSJ: http://online.wsj.com/article_email/SB1000142405297020461650...

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#17
post #3

With sites like piratebay,org and btjunkie.org, in some sense, "show business" as an industry is affected. The number of people hitting the cinema would be less since most movie goers would just wait for the "copy" to be available for download. But the workers behind show business aren't really being let out by their employers, so I don't think it's such a huge problem.

What you've said is completely annecdotal and completely wrong. As evidenced by the article from Forbes and the original article at Arstechnica, the number of movies being made and the number of people paying to see movies is higher than it was 10 years ago before file copying really got stated.

In the last few years there has been a big push in the movie industry to produce movies that are better in or more suited to the theatre than at home. 3D, Imax, etc. This is a direct response to piracy (and secondarily to people who wait to get the Blu-ray).

I think it's misleading to say that the spread of piracy is responsible for increased revenues, when the products themselves have been changing in a direction designed to generate more revenue in the cinema.

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#19
post #12
post #5

Earlier quoted context omitted.

most movie goers would just wait Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies , and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words. Did you know our town had a second-run movie theater until last year? One of the last towns to have one. They were packed all the time - but the new owners of all the theaters in town closed it b…

Wrong, wrong, wrong, wrong, wrong. Moviegoers love to go to movies, and movie downloaders are the same guys that wait a week in line for the new Star Wars. Perfect customers, in other words. I doubt those perfect customers are representative of the average movie goer. Surely very few people "wait a week in line for the new Star Wars".

By percentage, no the fans that wait in line for a week is not huge. but the free advertising that the news gives them with the"wow look at the weirdos" spots I'm sure adds some weight to the number.

Re: Does Online Piracy Hurt The Economy? A Look At The Numbers

#20
post #3

Earlier quoted context omitted.

What you've said is completely annecdotal and completely wrong. As evidenced by the article from Forbes and the original article at Arstechnica, the number of movies being made and the number of people paying to see movies is higher than it was 10 years ago before file copying really got stated.

In the last few years there has been a big push in the movie industry to produce movies that are better in or more suited to the theatre than at home. 3D, Imax, etc. This is a direct response to piracy (and secondarily to people who wait to get the Blu-ray). I think it's misleading to say that the spread of piracy is responsible for increased revenues, when the products themselves have been changing in a direction de…

I completely agree. I'd like to point out as well that even movies that aren't supposed to be in 3D are now in 3D. So really, these sites are the are the sole reason of increased revenues
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