This Friday, September 29th, IPI will be
releasing a new paper on the impact of global motion picture piracy on
the U.S. economy.
This paper is truly unique, in that it goes beyond the losses due to piracy that are experienced by the motion picture industry itself, and estimates the impact of piracy on the total U.S. economy, including job losses, economic output, lost revenue to government, etc. This is the first time to our knowledge that this kind of economic analysis has been done.
Our paper uses the most recent estimates of the extent of global movie piracy, and uses an econometric model from the U.S. Bureau of Economic Analysis to determine the impact of movie piracy on upstream and downstream industries. It also conservatively estimates lost taxes paid to governments at all levels.
I'm not releasing the juicy details of the paper in this blog entry, since it is embargoed until Friday. The paper will be released at the U.S. Chamber of Commerce's Third Annual Anti-Counterfeiting and Piracy Summit, in Washington DC.
If you would like to attend the release press conference, send an email to soniab at ipi.org, and she'll get you the details. Electronic versions of the paper will also be available on the IPI website (www.ipi.org) Friday afternoon.
This paper is truly unique, in that it goes beyond the losses due to piracy that are experienced by the motion picture industry itself, and estimates the impact of piracy on the total U.S. economy, including job losses, economic output, lost revenue to government, etc. This is the first time to our knowledge that this kind of economic analysis has been done.
Our paper uses the most recent estimates of the extent of global movie piracy, and uses an econometric model from the U.S. Bureau of Economic Analysis to determine the impact of movie piracy on upstream and downstream industries. It also conservatively estimates lost taxes paid to governments at all levels.
I'm not releasing the juicy details of the paper in this blog entry, since it is embargoed until Friday. The paper will be released at the U.S. Chamber of Commerce's Third Annual Anti-Counterfeiting and Piracy Summit, in Washington DC.
If you would like to attend the release press conference, send an email to soniab at ipi.org, and she'll get you the details. Electronic versions of the paper will also be available on the IPI website (www.ipi.org) Friday afternoon.