by Mike Masnick
Wed, Jul 14th 2010 7:44pm
The entertainment industry is famous for its bogus stats, claiming massive losses from things like file sharing. However, when those reports are looked at by any credible source, it's not hard to realize they're totally bogus. This also comes up in various lawsuits. For example, a Russian torrent tracker was shut down, and the operators of the site are now being accused of causing $1.25 billion (with a b) in losses for the movie industry. This is substantiated by... well... absolutely nothing other than movie studios insisting that it's true. I'm curious as to why they do this, because when they put forth such unbelievable numbers, it seems like they're only hurting themselves. No one believes that such numbers are even close to true and it just makes it that much more difficult to take them seriously. Then again, maybe they're just using some Hollywood accounting to figure out those losses...
If you liked this post, you may also be interested in...
- Supreme Court Says Patent Trolls Can Wait A While Before Suing
- Industry-Hated Game Emulators Save Two Video Games For Posterity
- Australia's Prime Minister Supports Expanded Safe Harbor Protections Down Under
- Bill Gates And Other Major Investors Put $52.6 Million Into Site Sharing Unauthorized Copies Of Academic Papers
- Ed Sheeran Vs. The CopyBots: Artist Goes To Bat For Musician That Covered His Song On Facebook