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· Absolute Shockers · ECONOMY

Hollywood Lost Two Dollars To Piracy For Every Dollar In Revenue In 2012

We had spotted some statistics on software piracy some time back - today we spotted some stats on movie piracy specific to Hollywood, and managed to see the relative scale as well.

Hollywood made some $10.8 billion in revenue in North America in 2012. And it lost close to $20.5 billion due to movie piracy (Source)

One recent example would be Kim Dotcom's Mega, which claims to host some 50 million plus non-infringing files already. But many other sites that link to Mega's site, think that the content is hosted there illegally (Source)

[As many commenters have pointed out, there are multiple ways these Revenue numbers are counted, which might make the way we chose to compare this stat debatable. We plan to do a follow-up post, focusing solely on how Hollywood Revenue is counted, some time soon]

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