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Hollywood Says Piracy Has Ripple Effect

ColinPL writes to mention a Washington Post article about a new study backed by Hollywood on intellectual piracy. The study, which they're presenting to lawmakers today, claims that piracy has a ripple effect on the economy. According to the study, lost revenues may have as much as three times the impact previously imagined. From the article: "Lawmakers and federal agencies such as the Justice and State departments have helped Hollywood battle physical piracy -- specifically, counterfeit DVDs. But now the stakes are especially high for entertainment companies as they sell more of their products online in the form of digital songs, movies and other intellectual property. Internet piracy may be tougher for lawmakers to conceptualize, entertainment companies fear."

12 of 309 comments (clear)

  1. The entire movie industry by Tweekster · · Score: 5, Interesting

    is sooo small economically wise it is rather pathetic they have as much pull as they do...the candy industry is about 10 times the size

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    1. Re:The entire movie industry by TubeSteak · · Score: 5, Insightful
      The entire movie industry is sooo small economically wise it is rather pathetic they have as much pull as they do...the candy industry is about 10 times the size
      FTFA:
      "It's important to remember, however, that even though piracy prevents money from reaching the movie industry, those dollars probably stay in the economy, one intellectual property expert said."

      Translation: It doesn't really matter if they take their made up number and multiply it by three. The economy wasn't hurt.
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    2. Re:The entire movie industry by tddoog · · Score: 5, Funny

      Hollywood props up the monstrous candy industry. Just think of that $10 box of raisinets you buy at the theatre. This is exactly the kind of ripple effect they are talking about. No movie patrons in the theatre => no candy sales => no $2000 root canals. Won't someone think of the dentists?

    3. Re:The entire movie industry by Sathias · · Score: 5, Informative

      The more money the movie studios get, the more money that gets given to actors. More disposable income in an actors hand's means they will snort more coke. Buying more coke means drug dealers get more money, which means the cash goes into the black market. And if the government is to be believed, it will end up in the hands of terrorists.

      Do your part for the War on Terror now, download some .avi files!

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  2. More on the Study by eldavojohn · · Score: 5, Funny
    The study, which they're presenting to lawmakers today, claims that piracy has a ripple effect on the economy.
    The study also claims that piracy is on the rise to become America's number one killer by the end of the year. It claims that piracy is capable of running rampant down the street and reeking havoc everywhere.

    They interviewed a crew hand from Waterworld and, aside from forcing him out of a job, the unnamed victim reported that piracy forcefully entered his home and raped him in front of his youngest son. Piracy has taken not only his source of income but also the joy that he and his son once shared.

    The report concludes with piracy being at large and dangerous. Piracy is capable of flipping bits in a pattern that resembles music and is also known to cause cancer.

    The study, which they're presenting to lawmakers today...
    So when are lawmakers presented with the Piracy Is Actually Pretty Bitching for Consumers report? What about the Economics Research is Bullshit & Baseless report? Oh, that's right, the other side of the issue never gets to hear it's voice heard and no alternatives will ever be explored. Silly me.
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  3. Other things that have ripple effects. by Demon-Xanth · · Score: 5, Insightful

    Making crappy movies.
    Sueing your audience.
    Making your customers go through crap that people who don't pay don't have to go through.

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  4. Um... by Pancake+Bandit · · Score: 5, Insightful

    This study recieved funding from NBC Universal and the MPAA. Why am I having a hard time taking it seriously?

  5. Keyword here... by DittoBox · · Score: 5, Funny
    lost revenues may have as much as three times the impact previously imagined.

    Need they say more?

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  6. Study finds need for more studies by sinij · · Score: 5, Insightful

    Hollywood study finds that Hollywood deserves more money. Big surprise?

  7. Re:Wrong word... Has to be said... by patrixmyth · · Score: 5, Funny

    Vizzini: Inconceivable.

    Inigo Montoya:, You keep using that word. I do not think it means, what you think it means. ...

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    "Don't you know you're going to shock the monkey?"- Peter Gabriel
  8. Re:Piracy by johnw · · Score: 5, Funny

    No, it's "Pieces of seven! Pieces of seven!"

    That's a parroty error.

  9. Ummmm, I don't think so. by khasim · · Score: 5, Funny
    "It's important to remember, however, that even though piracy prevents money from reaching the movie industry, those dollars probably stay in the economy, one intellectual property expert said."

    I'm pretty sure that pirates bury their loot on tropical islands.