View Poll Results: Who do you agree with?

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  • Hollywood (the moviemakers)

    2 2.78%
  • the Electronic Frontier Foundation

    70 97.22%
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Thread: Hollywood says piracy affects the entire US economy

  1. #1
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    Hollywood says piracy affects the entire US economy

    Quote Originally Posted by What Hollywood is saying
    The report being released today -- which was largely paid for by Armey's think tank with some funding from NBC Universal and the MPAA -- takes the previous study, conducted by consulting firm L.E.K., and applies a model used by the U.S. Bureau of Economic Analysis to calculate the potential ripple effect of those lost sales, factoring in lost jobs, worker earnings and tax revenue.

    Given those facts, the study says, movie piracy causes a total lost output for U.S. industries of $20.5 billion per year, thwarts the creation of about 140,000 jobs and accounts for more than $800 million in lost tax revenue.
    Quote Originally Posted by What the EFF is saying
    "In other words, let's say people are forgoing paying for $6 billion in movies by downloading or consuming illegal goods but end up spending that $6 billion on iPods, computers and HDTV sets on which to watch the movies, which leads to $25 billion in job creation in the computer/software/consumer electronics field," Jason Shultz, staff lawyer at the Electronic Frontier Foundation, wrote in an e-mail.
    http://www.washingtonpost.com/wp-dyn...092801640.html

  2. #2
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    Re: Hollywood says piracy effects the entire US economy

    Well there is a big logical error with the study.... Holly wood assumes that each and every piracy is a lost sale. which isn't true. People who pirate things generally wouldn't have bought whatever it was they pirated in the first place. so its not a lost sale. The real figure is somewhere perhaps 1-10% of that amound they calculate i think. Which is offset as well by increased awareness of people who do pirate it... etc....

  3. #3
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    Re: Hollywood says piracy effects the entire US economy

    Both arguments are flawed. I don't think people who illegally download movies are going to use their money to buy HDTV's but not DVD's.

  4. #4
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    Re: Hollywood says piracy effects the entire US economy

    Quote Originally Posted by croak77 View Post
    Both arguments are flawed. I don't think people who illegally download movies are going to use their money to buy HDTV's but not DVD's.
    Even if they aren't buying electonic equipment to play their pirated material their still going to spend it on something. Which benefits the economy. Most Americans are too stupid to save their money and thus go into debt so it's not as if the $30 they didn't spend on buying a legal copy of their favorite DVD is going to be going into their retirement savings and won't stimulate the economy for decades to come. Their going to spend it on food, clothes, lawn mowers, house decorations, toys for their kids, Christmas gifts, etc.

    Also, if Hollywood didn't spend as much producing a movie they wouldn't have to sell as many copies of a movie to makeup for the costs of producing it and than make a profit. They could cut out alot of the frilly extras like needless special effects to spice a movie that sucks.

    Example: StarWars A New Hope (the first movie) cost $11 million to make. StarWars Revenge of the Sith (the last movie) cost $130 million to make. The original StarWars trilogy cost alot less to make and was better than the new movies and they did it for so much less. They didn't have anywhere near the special effects of the new movies but people even to this day don't care and copies of the original trilogy are still selling.

  5. #5
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    Re: Hollywood says piracy effects the entire US economy

    Quote Originally Posted by BWF89 View Post
    Even if they aren't buying electonic equipment to play their pirated material their still going to spend it on something.
    That's only if they were going to spend that money on DVD's to begin with.

  6. #6
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    Re: Hollywood says piracy effects the entire US economy

    I'm so glad this article was published. It reminded me that I had a bunch of catching up to do on Torrenting!
    Upgrade to 7.10 today!
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  7. #7
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    Re: Hollywood says piracy effects the entire US economy

    Even if they aren't buying electonic equipment to play their pirated material their still going to spend it on something. Which benefits the economy. Most Americans are too stupid to save their money and thus go into debt so it's not as if the $30 they didn't spend on buying a legal copy of their favorite DVD is going to be going into their retirement savings and won't stimulate the economy for decades to come. Their going to spend it on food, clothes, lawn mowers, house decorations, toys for their kids, Christmas gifts, etc.
    If I were to be an crule socialist I'd say that the only time money is truly lost to the economy in a way which does not stimulate growth is when it goes into huge bank accounts of fat cats and corperations. no the money is invested and is technicaly still doing something somewhere (maybe) but it's stupid money because you don't have 300 million people each spending a dollar on something they like you've got one fat bloke deciding what to spend his £300 million on.

    I'd say $1 in the hands of every person is worth more to the economy than billions in the hands of any one entity. and this goes for govenments too. but too many people believe the dream of owning lots of money will sort their human problems when all it will buy you is something expensive to go along with your human flaws.
    42 is not an anwser, it's an error code. the universe is saying 'Error 42: meaning to universe not found'
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  8. #8
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    Re: Hollywood says piracy effects the entire US economy

    i doubt money will fix my problems lol, but it sure would help satisfy my ache for good music equipment

  9. #9
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    Re: Hollywood says piracy effects the entire US economy

    How does it effect Hollywood that these days we can watch remake of remakes ?
    I just watch them for like 1$ online, if they were to make somthing which would worth to go to the cinema I would be there.

    Stop making stupid excuses and start making content.
    Why can't technology be as simple as the box it comes in ?

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  10. #10
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    Re: Hollywood says piracy effects the entire US economy

    Quote Originally Posted by Kateikyoushi View Post
    How does it effect Hollywood that these days we can watch remake of remakes ?
    I just watch them for like 1$ online, if they were to make somthing which would worth to go to the cinema I would be there.

    Stop making stupid excuses and start making content.
    They should start playing some of the older movies in the theaters. I bet movies like George Romero's zombie films (especially in my area) would do very good even if they've been out for a few decades.

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