U.S. Government Recognizes Benefits of Piracy
source: http://torrentfreak.com/u-s-government-recognizes-benefits-of-piracy-100413/
A report released by the Government Accountability Office questions Hollywood’s billion dollar losses claims, citing a lack of evidence as the main reason for the doubts. On the other hand, the Congress-commissioned report emphasizes that piracy may also benefit the entertainment industries and third parties.
The PRO-IP Act is a United Stated law that aims to combat copyright infringement by increasing civil and criminal penalties for offenders. As part of the Act, Congress has instructed the Government Accountability Office (GAO) to quantify the impact of piracy on the economy. The results of this investigation have now been published in a report.
The report puts the claimed ‘massive losses’ by the entertainment industries in a different light. After having interviewed many experts and plowed through the relevant literature, GAO writes that it cannot make any solid conclusions about the financial effect piracy has on the economy as a whole.
http://torrentfreak.com/u-s-government-recognizes-benefits-of-piracy-100413/
The PRO-IP Act is a United Stated law that aims to combat copyright infringement by increasing civil and criminal penalties for offenders. As part of the Act, Congress has instructed the Government Accountability Office (GAO) to quantify the impact of piracy on the economy. The results of this investigation have now been published in a report.
The report puts the claimed ‘massive losses’ by the entertainment industries in a different light. After having interviewed many experts and plowed through the relevant literature, GAO writes that it cannot make any solid conclusions about the financial effect piracy has on the economy as a whole.
http://torrentfreak.com/u-s-government-recognizes-benefits-of-piracy-100413/
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