Well, if you ever wondered if Hollywood was actually losing money to file sharing and other activities they deem wrong, then you should wonder no more. The way it looks, they're making money hand over fist.
Hollywoods claims of DVD copying and Pirating ruining them, or causing them major financial damage, appear to be falling on deaf ears with the amount of reported revenue they raked in last year.
| Pirating,' on the other hand, is PR-speak for the completely unrelated criminal duplication of the physical CDs and DVDs the movie and record label cartels produce in their billions and which does indeed rob them of sales and earnings Worldwide revenues from cinema tickets, videos and DVD sales, as well as television rights, reached a whopping $44.8bn (£24bn) last year, up 9% from 2003 |
To read more on Hollywoods financial gains, go to p2p.net and check out the story.
Source: Guardian Unlimited
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So does this come as any surprise? The sheeple have no idea of what is actually going on, and they continue to support these cartels. I wish this report would open up law maker's eyes and make them realize that laws to protect these corrupt corporations should be revoked, and more power should be brought to the consumer. Of course, if we bought our government off as much as these guys do, I am sure we would be able to do whatever we wanted with our merchandise.
Yes it's a rant, I am just sick of them saying piracy is killing us, then post record profits all the time..kinda like how banks downsize, then have record profits, gas companies gouge us for gas, and have record profits..seems all anyone cares about is making sure they make more money more money more money.
blah I hate big business