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  (Source: MPAA)
MPAA reports that 2007 saw one of the highest grossing years for the motion picture industry

The Motion Picture Association of America (MPAA) relentlessly bombards the public with copyright and piracy information.  It plagued the news media for years with tireless finger pointing; even its own website is dedicated to giving the public information on copyright laws and piracy.  Different sections, such as Movie Thieves, offer information on who the criminals are and asks individuals to help in their “fight to stop movie thieves!”

The confusing part is the link in the “Latest News” section that claims an all-time high in domestic and global box office sales.  The global market grew 4.9% to $26.6 billion, claims the MPAA, and the U.S. domestic market grew roughly 5.4%, passing the $9.6 billion mark.

“From the threat and eventual reality of a writer’s strike to the global impact of film theft to concerns over the economy, the film industry faced significant challenges in 2007,” stated Dan Glickman, Chairman and Chief Executive Officer of the MPAA. “But, ultimately, we got our Hollywood ending. Once again, diverse, quality films and the timeless allure of the movie house proved a winning combination with consumers around the world.”

It is surprising to see the MPAA claim that the motion picture industry is taking a beating from piracy when their own data shows that the market is producing better than before. This is not to say, however, that piracy doesn't have an effect on the film industry.

According to a study done by the Institute for Public Innovation, motion picture piracy costs the U.S. economy about $20.5 billion annually which includes revenue and “related measures of economic performance”.  The related measure includes loss of jobs, decrease in earning for workers, and the U.S. governments loss of tax revenue.  The study claims that film industry would have added a little over 45,000 new jobs.

Even though the film industry is taking some large hits from piracy, you can rest a little easier knowing that the industry is still raking in quite a sum of cash.

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Old funny movie
By BruceLeet on 3/7/2008 11:00:10 AM , Rating: 2
I'll pretend Im Jamaican man, yeah!

Maybe people will start going to theaters more, now that Stage6 is done.

RE: Old funny movie
By BruceLeet on 3/7/2008 11:02:55 AM , Rating: 2
Has the MPAA ever seen the back of a twenty-dollar bill man? On weeeeed?

RE: Old funny movie
By Bioniccrackmonk on 3/7/2008 11:10:36 AM , Rating: 2
Thurgood: Sampson, I stick to my story man, I come from Jamaica.

Sampson: Which part of Jamaica?

Thurgood: Right near the beach, boyeee!!!

RE: Old funny movie
By AstroCreep on 3/7/2008 11:18:23 AM , Rating: 2
"Yes, Cuban B!"

RE: Old funny movie
By TheNuts on 3/7/2008 12:58:52 PM , Rating: 2
Lord...if you can hear me....HELP!!!

...He had sex wit my MAMA!!!

RE: Old funny movie
By LatinMessiah on 3/7/2008 1:22:48 PM , Rating: 2
I believe the correct phrase is:

"Lawd...if you listen'......HELP!!!!"

RE: Old funny movie
By BruceLeet on 3/7/2008 2:19:18 PM , Rating: 2
Kenny in Prison: Your a man, you're not a fish *makes fish lips* =o where did that come from?! you walk around on both legs, homo erectus, did I say homo? I didnt mean that! Thurgood! Where are you Thurgood!?

NO!*scribbles on nasty nate's calender picture* NO!...Naugty jungle of love NO! Devil man...Devil man 6 6 6 the mark of the beast NO!

"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer

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