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New Piracy Loss Estimate
An anonymous reader writes "WSJ reports on a new MPAA estimate losses due to piracy. "The study, by LEK Consulting LLC, was completed last year, and people familiar with it say it reached a startling conclusion: U.S. movie studios are losing about $6.1 billion annually in global wholesale revenue to piracy, about 75% more than previous estimated losses of $3.5 billion in hard goods. On top of that, losses are coming not only from lost ticket sales, but from DVD sales that have been Hollywood's cash cow in recent years."
Why don't they show the RIAA and MPAA giving the Big Spin, themselves?
bzzzzzzzzz-tik-tik-tik-tik-tik-tik
"Come on 6.1 billion! Come on 6.1 billion!"
tikka-tikka-tikka-tik-tok-tok "Come on 6.1 billion! YAAAAAYYYYYYY!!!! We lost 6.1 billion!!! Wheeee!!! Huzzah!!"
"Now we cut to live footage of those most responsible for the losses incurred by the RIAA and MPAA conducting a clandestine summit in a treehouse on the outskirts of Wooster, Massachusetts!"
It sure beats the boring truth, doesn't it?A feeling of having made the same mistake before: Deja Foobar
In other news I had a friend do a study for me (I paid him a pizza, a bag of dorritos and a case of coke) and he conculded, that I paid too much for Internet, my Internet was not fast enough, I was overcharged for movies and music, and I paid too much taxes.
"I don't even understand why they bother using real numbers in these studies."
I can see it now...
The MPAA reports on a startling new study indicating that over 63 trillion gigawatts of elephants are being harvested anually as a result of DVD piracy. The study corrected for factors such as yellow, and the tootsie roll center of a Tootsie Pop, providing the first clear evidence of a connection between movie downlaods and the number 7.
That reminds me of when I had a meeting with Santa Claus and his head elf. He full blank told me that you are full of shit. However, I wasn't really shocked by that statement. He said that you will be getting coal next year.
short answer: no
long answer: nope
Little do they know, they are losing $588.34 trillion dollars a day by not selling to the Xiggawathians on planet Rofuble.
I have a little more knowledge about what they might need to tap this huge market on planet Rofuble, but I need to do some further research on the technology. If they could just grant me $2 billion for research, I feel that we would be in a position to approach the King of Rofuble within the next few years. While that figure may startle you, rest assured it's a small price to pay for such a huge market!
Remember the old Scrooge McDuck comic books, where the Beagle Boys would dig a hole to his safe, and then slowly steal all his gold coins, until he noticed and sent Huey, Dewey and Louie to kick their asses?
This is like that, but with less ducks.
Not buying a corporation's product is the same as stealing. If they're spending money to make it, you should be spending money to consume it. That's just common sense.