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MPAA Touts Record Year For Hollywood

Posted by kdawson on 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?"

2 of 187 comments (clear)

  1. Fragmented markets cause pircay by Freaky+Spook · · Score: 5, Interesting
    No one is saying piracy is having a dramatic affect on film sales yet. It will eventually.

    That's partly true I think but the drive in Piracy would be more due to the way the studios try to fragment their markets in different regions, to maximise their own profits.

    The internet has made the planet a truly global community and they have to relase globally, not try to stagger around the planet with Theatrical releases/DVD Releases and even different dates for TV premiere's.

    In Australia we still cannot get video/TV on iTunes because of this or get access to other such online content because its all being restricted, so many people resort to pirace to see what they want and not wait 3-6 months(Up to a year some times) later.

    Like the music industry the movie industry will only end up hurting itself by trying to contain online content rather then let it flourish in an open market, the more they put online for fair prices the more people will pay. Just take phone ring tones as an example of how people are willing to spend money on absolute crap. If more people could get movies at those prices they would be making huge sales.

  2. They don't have profit, do they? by davolfman · · Score: 5, Interesting

    Wait a second? Isn't this the same industry that cooks the books to never run a profit on movies so they don't have to pay their people? I assume these profits must be including all those "services" they charge themselves for. To me that seems a liability. It seems like they just gave the final data points necessary for all those people promised net points of nothing to do the math and find what their movies really made.