Tuesday, June 18, 2019
WASHINGTON, D.C.
“The U.S. Chamber of Commerce Global Innovation Policy Center (GIPC), in partnership with NERA Economic Consulting, today published a new study, Impacts of Digital Video Piracy on the U.S. Economy, detailing the economic impact digital video piracy has on the U.S. economy.
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Findings include:
- In 2017, the U.S. movie and television production industry accounted for approximately $229 billion in domestic revenues and 2.6 million jobs.
- Over 80 percent of stolen and shared content is viewed on streaming sites.
- Overall, the study finds that approximately 26.6 billion viewings of U.S.-produced movies and 126.7 billion viewings of U.S.-produced TV episodes are digitally pirated each year.
Read US Chamber of Commerce news release
Read the study” “Impact of Digital Piracy on the US Economy”
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