Showing results 1 to 3 of 3

Thread: New Reports Highlights Entertainment Industry's Massive Gains in the Age of Piracy

  1. #1
    admin's Avatar
    Join Date
    Nov 2001

    Default New Reports Highlights Entertainment Industry's Massive Gains in the Age of Piracy

    A new report says that far from being on the verge of disaster, due to the web piracy problem, the entertainment industry has never had it better.

    The new report, titled The Sky Is Rising, takes a closer look at the business and creative side of the entertainment industry, and instead of the doom and gloom often portrayed by industry lobby groups such as the MPAA and RIAA, the last few years have been a boom time for creativity, and for revenue.

    With an infographic summarising the details of the report, it found that the entertainment industry, which includes books, video games, music and movies, has grown 50% in the last decade.

    For example, the video game industry has grown almost four fold since the early 2000's. For books, despite the deep recession, revenue is up compared to 2008, and the number of books being produced has skyrocketed in the last decade.

    And despite constant protests from the music industry, the value of the industry has grown 27% from 2005 to 2010, with artists now getting a larger share of the revenue pie.

    Similarly, the movie industry has had a couple of great years, with revenue up 24% from 2006 to 2010, and global TV/Film spending up by more than $100 billion in the last decade, the so called decade of piracy. And despite dire warnings from the MPAA about less films being produced due to web piracy, the number of films produced worldwide has actually increased by 317% from 1995 to 2009.

    But with more choices and more content than ever for consumers to consume, there will inevitably be winners and losers, as consumers also change the way they consume content. The industries that cannot keep up with the consumer might just find themselves on the losing side of probably the greatest boom for the entertainment industry in history.

  2. #2
    NOT an online superstore drfsupercenter's Avatar
    Join Date
    Oct 2005


    That infographic sounds about right... the MPAA/RIAA really need to wake up and smell the coffee and realize that nobody cares anymore except them
    CYA Later:

    Visit my website!!

    Cool Characters Make your text cool
    My DVD Collection

  3. #3
    Digital Video Expert
    Digital Video Expert

    Join Date
    Aug 2005
    Bucks County, Pa


    Kinda like Kodak holding on to camera film way to long after digital cameras became the future..

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 0
    Last Post: 16 Aug 2011, 04:20 PM
  2. Replies: 1
    Last Post: 21 Mar 2011, 07:57 PM
  3. Replies: 2
    Last Post: 11 Jan 2011, 11:59 PM
  4. Can piracy help the video game industry?
    By admin in forum Latest News
    Replies: 25
    Last Post: 15 Sep 2010, 09:08 AM
  5. Need Resources for Paper: Digital Video in the Entertainment Industry
    By thefiremelted in forum General Discussions
    Replies: 1
    Last Post: 26 Sep 2005, 03:33 AM


Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts