Does Pirating Hurt the Industry?

A study from the Global Innovation Policy Center found that piracy of both film and TV content costs the US economy more than half a trillion dollars each year. This includes everything from box office sales and digital distribution to the loss of jobs.

Does piracy hurt the movie industry?

Here's what that could mean for movie piracy. Last year, the Global Innovation Policy Center estimated that worldwide online piracy cost the U.S. economy between $29.9 billion and $71 billion in lost revenue each year.

Does piracy really hurt the economy?

The study estimates that global online piracy costs the U.S. economy at least $29.2 billion in lost revenue each year. The U.S. movie and television production and distribution industry is an important component of the U.S. economy, with revenues in 2017 of about $229 billion.