Piracy Destroying Hollywood Right To Yet Another Record Year At The Box Office… In A Recession
from the cry-me-a-river dept
We’ve been scratching our heads at the various claims from the movie industry that piracy is destroying the industry — especially as the trends over the past few years have been significantly more movies being made and significantly more money being made at the box office. And, once again, reports are coming out that 2009 will be another record year at the box office. And it’s even more impressive, considering that the country has been in a pretty bleak recession the whole year. You would think that such things, including greater than 10% unemployment would get people to hold back on increasingly expensive nights out at the movies, but people are still going and still paying. So, again, we have to ask where is this evidence that piracy is destroying Hollywood? Or is the same “evidence” like the study we recently saw that came with the headline that Redbox was going to take away revenue, while the actual study said the opposite?