Fountainhead
Premium
join:2003-10-25
New York, NY
clubs:
| reply to dadkins
Re: Dag
Ok...
Here...
Since you can't make the connection yourself, I have dug out the info for you...
»www.guardian.co.uk/business/stor···,00.html
Film industry pays dearly for piracy
Richard Wray
Tuesday October 21, 2003
The Guardian
The impact of internet piracy could be losing the film industry $460m (£275m) annually within seven years unless the leading motion picture studios and distributors act now, warns a new report.
Informa Media Group believes revenues from legitimate sales of movies over the internet will be more than $870m by 2010. But sales over the internet would be worth $1.33bn if the industry clamped down completely on online piracy.
Adam Thomas, the author of the report, Film on the Internet, said the industry is unlikely to go the same way as the music labels, where online piracy has had a major effect on profits, but the studios should not be complacent.
"It is not going to be the cataclysmic event that the music industry experienced but there are warning signs and it could be a serious issue," he said.
In fact, the prognosis given in the Informa report is not as dire as one given earlier in the year by Deloitte & Touche. A report from the consultants warned that online piracy could cost the top studios up to $4bn annually within the next two years.
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I'll buy everyone a HDD for xmass.... -- Strom |
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yabos
join:2003-02-16
Ingersoll, ON | Drivel like that still assumes that everyone who downloads a movie would go to the theatre if they couldn't download it. That's not true at all.
Some movies are worth supporting, but others(Gigli, not that I downloaded it anyways), aren't. |
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jsouth
Jsouth
join:2000-12-12
Wichita, KS | reply to Fountainhead
Just another made up report that doesn't take into account the economy for one thing and just assumes like others have said that everyone just downloads the movie without seeing it in the theaters or buying the DVD. |
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