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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: Nice spin...
By maven81 on 3/9/2008 10:22:04 PM , Rating: 2
quote:
The academy is more concerned with rewarding the best film now than they ever have been. They're less concerned with rewarding popular entertainment


Say what? If there's one reason why I never take these jokers seriously, it's that they never pick the movie that captures the public imagination, or leaves a lasting impact.
For instance, in 2001 they picked a beautiful mind over lord of the rings. Who even remembers that beautiful mind movie? and it's only been 7 years. I know that 50 years from now that won't be the movie people will be talking about...
This is ridiculous myopia. Same was true for star wars, and too many other movies to mention. If that's not proof that their opinions are worthless, I don't know what is.


"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA











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