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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: numbers game
By Screwballl on 3/7/2008 7:34:42 PM , Rating: 2
quote:
First of all, total motion picture revenues include not only box office receipts, but DVD, TV licensing and other sales. Also, the loss figures are what the US motion picture industry loses due to world piracy, not just in the US.


1: read the story and the IPI Publication summary, both say very specifically:
quote:
Motion picture piracy now results in total lost output among all U.S. industries of $20.5 billion annually.

This does not say worldwide, just in the US, on both websites.

2: The story AND chart say US and worldwide "box office sales", not "box office and media sales". The PDF in this story mentioned the same thing, only box office sales with mentions of some influence of online advertising. At no point did they say it also included sales of media such as DVD, BluRay, HD-DVD or any other media base, only box office sales.

Sorry but no analysis errors when information was checked before posting. Granted some of my post was opinion but the factual numbers based on the charts and such are grounds for a factual basis.


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