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Submission + - Study Suggests Studio Revenue Decreased After Megaupload Shutdown (torrentfreak.com)

ExecutorElassus writes: TorrentFreak is reporting a recently released study, 'Piracy and Movie Revenues: Evidence from Megaupload', which tracked film studio revenue for a five-year span surrounding the Megaupload shutdown last January. The findings might give pause to erstwhile anti-piracy crusaders like the MPAA: while revenues from blockbusters increased slightly after the online file-locker was raided, the net change in revenues was (subtly, but noticeably) negative, dragged down by decreases in revenues from smaller releases. This 'counterintuitive result,' writes the authors, suggests that 'file-sharing acts as a mechanism to spread information about a good [film] from consumers with zero or low willingness to pay to users with high willingness to pay.'

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