MPAA: Piracy Cost Industry $6 Billion in 20054 May, 2006 By: Erik Gruenwedel
Global bootlegging of movies, illegal copying and Internet piracy contributed to $6.1 billion in lost revenue for the major studios, according to a study released May 3 by the Motion Picture Association of America.
The study found that of the $6.1 billion, $4.8 billion occurred internationally, specifically in China, Russia, the United Kingdom, France, Spain, Brazil, Italy, Poland and Mexico.
About $1.3 billion in piracy — specifically illegal copying and distribution — took place in the United States.
The study described the average copyright thief as male, between the ages of 16 and 24 and living in an urban area.
“As an industry, we have to continue to educate people about copyright laws and the consequences of breaking those laws,” said MPAA chairman and CEO Dan Glickman.