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The economic loss caused by digital piracy before the year 2000 is estimated to be worth $265B and in 2004 it was found that 4% of box office receipts were lost. Both piracy and economic losses due to piracy are trending upwards. Lost revenues due to digital piracy were estimated to reach $5 billion by the end of 2005.
Piracy networks can be traced back to the mid-1980s, with infrastructure changes resulting from the Bell System breakup serving as a major catalyst. Video game trading circles began to emerge in the years following, with networks of computers, connected via modem to long-distance telephone lines, transmitting the contents of floppy discs. [ 2 ]
In Media Piracy in Emerging Economies, the first independent comparative study of media piracy focused on Brazil, India, Russia, South Africa, Mexico, Turkey and Bolivia, "high prices for media goods, low incomes, and cheap digital technologies" are the chief factors that lead to the global spread of media piracy, especially in emerging markets. [26]
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Online piracy is connected to the loss of 71,000 jobs and $12.5 billion annually in the U.S. economy, according to research from nonprofits in the marketing and internet safety industries.
On its face, the r/piracy subreddit is an online forum for discussing the topic of digital piracy, but it can lead to the sharing of illegal content. Westend61/Getty Images
This article points out that technological development such as file sharing, MP3 players, and CDRs have increased music piracy. The most common forms of music piracy are Internet Piracy and compact disc piracy. It also discusses the association between music piracy and organized crime, which is defined as profit-driven illegal activities.
Media Piracy in Emerging Economies is a report released by the Social Science Research Council in 2011. It contends that “high prices for media goods, low incomes, and cheap digital technologies are the main ingredients of global media piracy. If piracy is ubiquitous in most parts of the world, it is because these conditions are ubiquitous ...