The True Cost of Copyright Industry Piracy to the U.S. Economy
by Stephen E. Siwek on 10/03/2007
22 Pages
Using a well-established U.S. government model and the latest copyright piracy figures, this study concludes that, each year, copyright piracy from motion pictures, sound recordings, business and entertainment software and video games costs the U.S. economy $58.0 billion in total output, costs American workers 373,375 jobs and $16.3 billion in earnings, and costs federal, state, and local governments $2.6 billion in tax revenue.
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