Movie Piracy
Felix Greene BUS 339 CASE STUDY #4
The biggest threat to the Movie Industry of today is Movie Piracy. Movie or Film Piracy is the unauthorized replication and disbursement of movies by DVDs, Videos, or computerized files.
The world we live in today is a world of Technology, where anyone with access to the internet can either stream or share files conveniently and quickly. A big result of all this new technology, that a lot of people have access to, is the theft of copyrighted products by way of the internet. The Movie Industry throughout the World lost $18.2 billion in 2005 due to the higher growing piracy rates. In 2005 the U.S movie industry lost approximately 6.1 billion dollars as a result of piracy being a worldwide epidemic.
Majority of the losses come from piracy of DVDs. This is done by an individual purchasing an illegally copied DVD and making copies for his/herself or for friends. Piracy of DVDs also take place when a person purchases a legitimate DVD but make copies to sell to others or to give to others. The copying of DVD is fairly simple, seeing as how most computers (laptop or desktop) come equipped with DVD burners, and can be done by anyone with barley any computer knowledge. A lot of movies are also pirated by way of simple internet downloads or internet streaming. This is done by an individual downloading or watching a movie from any website that doesn’t have the right to hold or show that particular movie.
People pirate movies for two very obvious reasons. One reason is that it can easily turn that person a profit by him/her selling that pirated material to others who don’t want to pay full price for a movie. The other reason is that it’s free, rather than having to purchase a movie or go to a Movie Theatre to see the latest movie. Technology of today makes majority of our wants so convenient that a person rarely has to leave the comfort of his or her own home. Movie Piracy is just another example of how technology is disrupting our
The biggest threat to the Movie Industry of today is Movie Piracy. Movie or Film Piracy is the unauthorized replication and disbursement of movies by DVDs, Videos, or computerized files.
The world we live in today is a world of Technology, where anyone with access to the internet can either stream or share files conveniently and quickly. A big result of all this new technology, that a lot of people have access to, is the theft of copyrighted products by way of the internet. The Movie Industry throughout the World lost $18.2 billion in 2005 due to the higher growing piracy rates. In 2005 the U.S movie industry lost approximately 6.1 billion dollars as a result of piracy being a worldwide epidemic.
Majority of the losses come from piracy of DVDs. This is done by an individual purchasing an illegally copied DVD and making copies for his/herself or for friends. Piracy of DVDs also take place when a person purchases a legitimate DVD but make copies to sell to others or to give to others. The copying of DVD is fairly simple, seeing as how most computers (laptop or desktop) come equipped with DVD burners, and can be done by anyone with barley any computer knowledge. A lot of movies are also pirated by way of simple internet downloads or internet streaming. This is done by an individual downloading or watching a movie from any website that doesn’t have the right to hold or show that particular movie.
People pirate movies for two very obvious reasons. One reason is that it can easily turn that person a profit by him/her selling that pirated material to others who don’t want to pay full price for a movie. The other reason is that it’s free, rather than having to purchase a movie or go to a Movie Theatre to see the latest movie. Technology of today makes majority of our wants so convenient that a person rarely has to leave the comfort of his or her own home. Movie Piracy is just another example of how technology is disrupting our