Movie Piracy Cost Australian Network 'Hundreds of Millions of Dollars' (theaustralian.com.au)

Film television piracy and illegal downloads are partly to blame for Australian broadcaster Ten Network's woes, according to Village Roadshow co-chief executive Graham Burke. From a report: He said piracy had cost Ten "hundreds of millions of dollars" in potential advertising revenue because of lower ratings resulting from pirated versions of films supplied by 21st Century Fox under an onerous output deal with the Hollywood studio. He said copies of Fox's Leonardo DiCaprio movie The Revenant and The Peanuts Movie were stolen last year and shared illegally via a piracy website. "Piracy is a much bigger channel and an illicit economy than the three main commercial networks combined. It is ripping off viewers from legitimate, taxpaying enterprises," Mr Burke said. "The product that Ten is buying from 21st Century Fox and is now arriving have been pirated out of sight."

Comments

And film blocking causes MORE damage

[gurps_npc]

Australia's refusal to let their citizens buy/watch foreign films has cost them billions of dollars.

Hey, you gotta point out both sides of the problem.

Re:And film blocking causes MORE damage

[mjwx]

Australia's refusal to let their citizens buy/watch foreign films has cost them billions of dollars.

Hey, you gotta point out both sides of the problem.

Ex-Australian here. The problem is twofold.

1. American companies treat Australia like the recycling bin, old crap goes in and not a second thought is given. We regularly get things months if not years after other countries and are then expected to pay a premium for it. We got sick of it and then figured out ways to get around it such as grey importing and piracy. Aussies are actually a rather smart bunch (well some of us). So by the time these movies are shown on TV, everyone's already seen them.

2. Chanel 10 (CH10) is stuck in the 80's way of thinking before we had the internet with all the pirate bays, netflixes and VPN's. They signed a deal thinking the good times would never end.

The problem is, CH10's money spinners are crappy reality TV shows that have so much fake, overhyped drama that the E! network is openly jealous. People are moving on from these as well because its more of the same crap. Their other money spinner was The Simpsons, which is now on pay TV.

Also it should be noted that the article appears in The Australian, which is ironically the most unAustralian publication you can find. The Australian is owned by Newscorp who's been waging their own war against piracy because Foxtel (cable TV) has been steadily losing customers as well. So I wouldn't just take what you read in The Australian with a grain of salt, but a shot of tequila and slice of lime as well.

What a sense of entitlement!

[140Mandak262Jamuna]

That Graham Burke signed a "onerous" deal with Hollywood studios. But does not blame the bad deal they signed, but expect Australians to bail them out by keeping their ad revenue coming. Just suck it up buddy, when the deal comes up for renewal, make realistic projections and offer what these movies are worth.

Re:What is this about?

[Calydor]

So much this.

It's as if media companies don't understand that with the internet, we have friends all over the world and see news from all over the world.

Let's take Game of Thrones as an example. If you could only watch Season 4 today, how much of it would you know just from what your friends and news sites have talked about? Can YOU talk to your friends in other countries about it, considering they're currently waiting for Season 7 to be released?

We have developed a network that allows essentially instantaneous planetwide communication - and somehow think that delaying entertainment for months and years is a GOOD idea that will not be circumvented by any means available.

Including illegal ones.