Print 45 comment(s) - last by Cuddlez.. on Jun 24 at 5:24 PM

Billions of dollars in revenue estimated to be lost

The U.S. has the lowest piracy rate in the world, but globally nearly $50.1 billion dollars has been lost to piracy.  As  illegal downloads become a growing problem worldwide,  individual countries may determine that they do not share the same issues and concerns.  

In the U.S. producers of the movie, "The Hurt Locker” are tackling the issue of piracy by suing filesharers who downloaded torrent versions of the movie. India is taking steps to fight the U.S. ACTA Piracy pact on what they believe to be stringent restrictions, while Spain is finding that it has to get tougher in its efforts to combat piracy.

A new report published June 1 from IDC Research Iberia claims that over 95 percent of music in Spain is pirated. The report indicates that the country lost $6.3 billion in the second half of 2009.  It is estimated that the country lost about $12 billion dollars for the entire year.

The study was commissioned by the Coalition of Creators and Content Industries and targeted music, film, video game, and book distribution. The final results indicated that 95.6 percent of music obtained online in the country was pirated. Pirated films were estimated at 83.7 percent while video games came in at 52.3 percent.

Nearly 6,000 internet users in Spain were surveyed for the study.

"The real figures are even worse," says Coalition president Aldo Olcese, who believes that internet users under the age of 16, presumed to be the most frequent illegal downloaders, were not included in the study.

Anti-piracy legislation, called the Sustainable Economy Law, is expected to be rolled out after the summer in Spain.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

RE: um what?
By inigoml on 6/4/2010 5:02:24 AM , Rating: 2
First one:
It's IMPOSSIBLE that the lost revenue was so high. 12.000M USD? I'm laughting! :-D In a country with 45 million people... each spanish, including childs, grandfather... would expend 250 USD per capita... IMPOSSIBLE. :)
Spanish music industry is about 300M USD, not 12.000M. :-D

Second one:
Each time an spanish citizen buys a CD, DVD, USB stick, memory card, hard disk, MP3 player, MP3 player, mobile phone (iPhone included, of course) etc, we pay an amout for SGAE. SGAE is the spanish RIAA. Last year they got about 200M Euros... not bad. Think about in my company we buy hundreds of CD/DVD for backups and hundreds of USB sticks for our employees.. and I can assure they are not used for piracy.

So, from a moral point of view, each spanish citizen is allowed to download all they want cause the have pre-paid for it.:)

"We are going to continue to work with them to make sure they understand the reality of the Internet.  A lot of these people don't have Ph.Ds, and they don't have a degree in computer science." -- RIM co-CEO Michael Lazaridis

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki