Besieged Movie Industry Suffers Record Takings
nagora writes "The BBC is reporting that the movie industry, in yet another illustration of just how much damage the Internet is doing to the long-suffering members of the MPAA, has just endured a record breaking $1Billion dollar takings for the single month of June. Clearly there is a desperate need to tighten up copyright laws in the face of this huge mountain of cash that is literally being metaphorically syphoned into the studios' pockets. How will they survive? "
Here's some infomration to put that figure into perspective:
The box office tally for June 2004 is 37% higher than the same period in 2001.