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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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RE: Flawed logic
By walk2k on 3/7/2008 6:05:01 PM , Rating: 2
what the heck are you babbling about?

"they" = the entire movie industry. you know, the topic which we are discussing here?

"hurts all Americans" oh please... so you're saying every american makes money from the movie industry?

that's great news because it means I'm owed hella back pay, who do I contact to get my check cut??

also please cut the anti-semitic remarks.

RE: Flawed logic
By masher2 on 3/7/2008 6:18:07 PM , Rating: 3
> "so you're saying every american makes money from the movie industry?"

When they pay billions in taxes, and employ several hundred thousand Americans, all of whom also pay taxes and use their salary to buy American goods-- yes, of course we all make money from that industry. That's the entire point.

It's even more than that. What in the world do you think makes a strong US dollar? Do you think exchange rates are just set by someone rolling a dice somewhere? The underlying basis is how much US goods, services, and investments are purchased overseas, versus how much we buy in

So when little Johnny pirates a movie, and spends that $20 instead on a Chinese toy, yes it indeed hurts all Americans. When little Sven or little Yang Mi does the same, its hurts even more.

You can complain copyright restrictions have gotten out of hand, and you'll have a point. But trying to deny that piracy of US intellectual property doesn't hurt US citizens is just blind foolishness.

RE: Flawed logic
By jtesoro on 3/8/2008 8:57:04 PM , Rating: 2
So when little Johnny pirates a movie, and spends that $20 instead on a Chinese toy, yes it indeed hurts all Americans. When little Sven or little Yang Mi does the same, its hurts even more.

Now I don't know about everyone else, but I think that's one solid statement.

"Nowadays you can buy a CPU cheaper than the CPU fan." -- Unnamed AMD executive

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