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posted by n1 on Thursday March 27 2014, @07:47PM   Printer-friendly
from the big-profit-means-even-bigger-losses dept.

Fluffeh writes:

The newest figures show that the industry remains healthy despite continued and over-simplistic rhetoric by the MPAA that the sky is falling for the movie business due to the effects of online piracy. In 2011 the MPAA released figures claiming $58bn in losses due to piracy. These figures were later discredited and appear to have been removed from the MPAA website.

The US/Canada box office for 2013 was $10.9 billion (up just 1 percent from 2012), this was led by blockbusters like The Hunger Games: Catching Fire and Iron Man 3. The meteoric rise of the international marketplace has driven the industry's massive profitability, which now constitutes 70 percent of all revenue, up from 64 percent in 2009. This brings industry revenue up to $35.9bn for last year.

 
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  • (Score: 3, Interesting) by Scareb on Thursday March 27 2014, @07:59PM

    by Scareb (981) on Thursday March 27 2014, @07:59PM (#22302)
    Guess it's time to eat some popcorn [boston.com].
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  • (Score: 1, Interesting) by Ethanol-fueled on Thursday March 27 2014, @08:19PM

    by Ethanol-fueled (2792) on Thursday March 27 2014, @08:19PM (#22310) Journal

    Full article for subscribers only. So, is that "legit," or is it of dubious legal status? A relevant quote from your article:

    " Yet we still can't see whatever we want, whenever we want it. To do that, we'd have to become criminals. "

    Remember being with a girl I was shagging, at her place, thumbing through her T.V. which had both Netflix and Amazon on demand. She asked me to pick something I liked, so Twin Peaks: Fire Walk With Me it was. What, they only have the episodes from the series? Let's try Amazon...what, only available on Amazon Prime? Really, charging me more for more obscure content that they already had, as if I were ofsetting their potential legal bills by purchasing bestiality or crush videos? Okay, how about Pink Flamingos. No, not on either one. Well, shit, no Troma movies either. Okay, gotta keep lookin...

    [ . . . ]

    *sigh* Well, the only choices left are Spiderman 3 or Transformers 5. *sigh*

    • (Score: 3, Funny) by Tork on Thursday March 27 2014, @10:01PM

      by Tork (3914) on Thursday March 27 2014, @10:01PM (#22339)
      The silver lining: Fire Walk with Me was terrible.
      --
      Slashdolt logic: 1600 x 1200 > 1920 x 1200