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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.
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
One major type of package theft is porch piracy, which has been defined as, "Taking possession of a package or its contents, outside of a residence or business, where it has been commercially delivered or has been left for commercial pickup, with intent to deprive the rightful owner of the contents or even try to sell the contents.
In a plea to the U.S. Intellectual Property Enforcement Coordinator, the group pitched some seemingly odd ideas about how they think the government should prevent piracy. Among their proposals are ...
In 2005 HBO began "poisoning" torrents of its show Rome, by providing bad chunks of data to clients. [31] In 2007 HBO sent cease and desist letters to the Internet Service Providers of BitTorrent users. Many users reported receiving letters from their ISP's that threatened to cut off their internet service if the alleged infringement continued ...
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Vice-President of the European Commission and European Commissioner for Digital Agenda Neelie Kroes said she is "Glad [the] tide is turning on SOPA," explaining rather than having "bad legislation" there "should be safeguarding benefits of open net". "Speeding is illegal too but you don't put speed bumps on the motorway", she said. [163]
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.