from the losing-money-but-making-it-up-in-volume dept.
proudhawk writes "A blog posting in p2pnet today catches MPAA boss Dan Glickman at the ShoWest convention in Las Vegas crowing about Hollywood's profitable year: 'Today, we stand on a new mountaintop, and I have to say: I like the view... We had about 5 percent growth in both the domestic and worldwide box office, all-time highs on both fronts reminding us once again that good stories well told always find a place in our hearts, our lives and our local theaters.' What ever happened to the ravages of online piracy?"
Kinescope writes "The motion picture industry has said that its profits are at risk due to piracy, but a record-setting 2007 box office has some wondering if the industry is crying 'wolf.' Last year, the US box office totaled $9.63 billion, a 5.4% increase over 2006. 'Piracy is so bad, according to the MPAA, that we need special legislation to target the dastardly college pirates who are destroying the business. It's so bad that Weekly Reader subscribers will learn about the $7 billion a year "lost" to Internet piracy. It's so bad that the MPAA wants ISPs to ignore years of common carrier law and the promises of "safe harbor" and start filtering their traffic, looking for copyright violations. The real world isn't quite this simple, of course. It turns out that the MPAA's college numbers were off by a factor of three, a revelation that came after years of hiding the study's methodology but continuing to lobby Congress with its numbers.'"