Digital piracy is on the rise and isn’t expected to slow down anytime soon, according to a report from a hacking-focused research firm MUSO which was published in Variety at the beginning of February.
In 2022, pirated movies increased by around 39% compared to 2021, while visits to piracy websites to watch TV shows increased by around 9%, according to the report. Piracy is also expected to continue to increase throughout 2023.
“This trend continues to be a major issue for the industry, significantly impacting the incomes and livelihoods of everyone involved – especially smaller independent creators – and damaging the economy at large,” indicates the report.
In 2019, the U.S. Chamber of Commerce Global Innovation Policy Center reported that piracy costs the US film and television industry between $29 billion and $71 billion a year.
MUSO attributes the rise in piracy to a few factors, including economic pressures. In 2022, many streaming platforms, like netflix And Disney+, increased their prices. Netflix also announced that it would start crack down on password sharing after declaring he lost nearly 1 million subscribers in the second trimester.
A 2019 study by the Vocus Group NZ based in New Zealand found that making content cheaper and easier to access helps stop piracy, not new laws and regulations.
“These two options were far ahead of the other options, at 57 and 48% respectively,” said Taryn Hamilton, consumer general manager at Vocus Group NZ. “Punitive measures, such as prosecuting hackers and censoring pirate sites, were only seen as likely to be effective by 33 and 22 percent of people, respectively.”
To find out more, see how to save money on some streaming services And how the party is over for streaming tv.
