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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."

3 of 480 comments (clear)

  1. Pile of shit by Freexe · · Score: -1, Troll

    That article is the biggest piece of bias crap I have ever read.

    I implore you all not to read it or comment about it. Pretend it's not there!

    I thought the BBC was bad, but this article isn't in the same league!

    --
    "In a time of universal deceit - telling the truth is a revolutionary act." - George Orwell
  2. Re:Maybe if they made good stuff by Anonymous Coward · · Score: -1, Troll

    like Korn said in there ya want a single video, that all a music track relly cost is 99c, so the figures that they give for piracy are all bullshit as all they lose when we download is 99c, SO FUCK them i am going to download all the mp3's and movie si want, it will tech them to make good movies, like the recent superman movie and batman movies, there are just doing remakes of old good movies and turning them into runny crap.

    Viva la p2p!!!!!!!!!!!1

    Viva la bittorrent!!!!!!!

    Viva la music downloads!!!!

  3. Re:Brilliant assumptions by kentrel · · Score: 0, Troll

    Paying for merchandise at their concert entitles you to steal their product? If you support the band why don't you put your hand into your miserly pocket and go out and buy it, and stop coming up for excuses to justify what is essentially theft (and hypocrisy).