Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

HOW DOES PIRACY AFFECT THE MUSIC, FILM AND SOFTWARE INDUSTRIES?

0
Posted

HOW DOES PIRACY AFFECT THE MUSIC, FILM AND SOFTWARE INDUSTRIES?

0

Piracy costs billions of dollars every year, affecting the software industry the most. Piracy cost the software industry a staggering $34 billion US dollars in 2005. This is mostly due to the high prices of software at around a thousand dollars each program. So when somebody downloads it they lose a lot of money. In 2005 the music industry lost $4.2billion dollars due to piracy and the motion picture industry lost $6.1billion dollars. That adds up to a total $44.3 billion dollars lost to those three in 2005.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.