The amount of money estimated to be lost by Hollywood studios due to DVD piracy overseas increased to more than $500 million last year. As a consequence, Hollywood studios have little prospect of making money this year by exporting their films worldwide.
All of the following, if true, weaken the argument except:
$500 million represents a very small fraction of overseas profits.
New laws and heightened international enforcement aimed at this piracy were implemented in January of this year and have been effective.
Even in countries where DVD piracy is widespread, theatrical first-run distribution is both very popular and profitable.
Last year, all films that were nominated for an Academy Award were known to have been pirated on DVD.
Domestic DVD sales were sharply higher last year; in the past, strong domestic sales have been an indicator of higher international DVD sales in the following year.
OA after Discussion
Hollywood movies
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- vaibhavgupta
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IMO D.. cos no relation between Academy award and making money!!garima99 wrote:The amount of money estimated to be lost by Hollywood studios due to DVD piracy overseas increased to more than $500 million last year. As a consequence, Hollywood studios have little prospect of making money this year by exporting their films worldwide.
All of the following, if true, weaken the argument except:
$500 million represents a very small fraction of overseas profits.
New laws and heightened international enforcement aimed at this piracy were implemented in January of this year and have been effective.
Even in countries where DVD piracy is widespread, theatrical first-run distribution is both very popular and profitable.
Last year, all films that were nominated for an Academy Award were known to have been pirated on DVD.
Domestic DVD sales were sharply higher last year; in the past, strong domestic sales have been an indicator of higher international DVD sales in the following year.
OA after Discussion
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