An executive of Turkish broadcaster Digiturk revealed that it has lost TRY500 million, the equivalent of US$84 million, to video piracy. The broadcaster is the Turkish subsidiary of beIN Media Group, which has been victim to the beoutQ piracy operation.
Why it matters
Digiturk has about 3.5 million subscribers. Beyond the financial losses, consumer loyalty to beIN Media and its subsidiaries is endangered when piracy undermines their exclusivity as sources for this programming.