Monday, January 16, 2012

Top 10 pirated movies of all time.

The Hollywood Reporter has an article about Hollywood's key mistakes in defending SOPA. One of the mistakes is that the content industry has positioned itself as the enemy of innovation. The conflict about copyright is now framed as a Hollywood vs Silicon Valley, which the industry cannot win.

On piracy itself, here's how illegal downloads data looks like:

I'm surprised that the numbers are so small. For example, Avatar grossed $2.2B in sales worldwide. Even at a very generous estimate of lost revenue of $5 per download, the damage is about $100M - less than 5% of the total revenue. The software industry would consider this level of piracy as non-existent.

tags: content, innovation, intellectual, property, information, distribution, control

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