Shocker: Extensive new study says movie piracy isn’t that harmful to Hollywood

[Guest Chris Smith]

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A new study looking at the relationship between movie piracy and Hollywood revenues has found that the mass illegal downloads movie studios complain about while spending vast resources to put a stop to, are not that relevant. TorrentFreak reveals that economist Koleman Strumpf has conducted a tremendous amount of research before releasing his determination – that movie piracy is not harmful to Hollywood. He looked at data from 150 blockbuster movies that were released over a period of seven years and, and drew data from a popular BitTorrent tracker as well as revenue projections from the Hollywood Stock Exchange.

 

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Via BRG - Boy Genius Report