Internet piracy does not affect US box office returns
An interesting study was conducted by employees of the University of Minnesota and Wellesley College. After examining box office statistics before the invention of file-sharing networks and in the era of all possible torrents, they concluded that online video piracy has no effect on the earnings of American movies at home. continue to visit cinemas with pleasure, and only those who are not initially set up to watch movies in the hall are engaged in piracy, and therefore their potential contribution to the box office cannot be taken into account. Thus, movie studios and movie distributors exaggerate the importance of online piracy for the domestic American market. The situation is different with distribution outside North America. Here, Hollywood studios really began to lose money after the appearance of torrents, but only if the date of the American premiere and the international one are very different. The wider the gap between them, the more likely it is that foreign viewers will prefer not to wait for the official release of the picture, but will find its pirated copy on the Web. The Topic of Article: Internet piracy does not affect US box office returns. |
