The True Cost of Motion Picture Piracy to the U.S. Economy
by Stephen E. Siwek on 09/29/2006
27 Pages
Press Release (10/05/2006)
Motion picture piracy costs the film industry billions of dollars in lost revenue, but this is only a fraction of its impact on the total U.S. economy. Combining the latest data on worldwide movie piracy with multipliers from a respected U.S. government model, this study concludes that motion picture piracy costs American workers significant losses in jobs and earnings, and costs governments enormous lost tax revenue.
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