MPAA Touts Record Year For Hollywood

Posted by kdawson on Tuesday March 11, 2008 @04:16PM from the losing-money-but-making-it-up-in-volume dept.

proudhawk writes "A blog posting in p2pnet today catches MPAA boss Dan Glickman at the ShoWest convention in Las Vegas crowing about Hollywood's profitable year: 'Today, we stand on a new mountaintop, and I have to say: I like the view... We had about 5 percent growth in both the domestic and worldwide box office, all-time highs on both fronts reminding us once again that good stories well told always find a place in our hearts, our lives and our local theaters.' What ever happened to the ravages of online piracy?"

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Re:Pointless argument by invader_vim · 2008-03-11 17:09 · Score: 5, Informative

[piracy]'s had a dramatic affect on music sales.
Actually, a joint study by Harvard and University of North Carolina (CNET news story here, pdf link to original study available from the article) suggests that filesharing has almost zero effect on CD sales. Admittedly it is a few of years old now (March 2004) and is by no means exhaustive; however, the conclusions are still relevant and suggest that there are greater influences on music sales than piracy (despite what the RIAA would like us to believe).