Film piracy increased by 38.6% last year, according to anti-piracy tech company Muso, and by 2027 the streaming video on-demand business could lose $113 billion annually from content theft, per an April report from research firm Parks Associates. With video piracy “on the rise,” as video technology provider Synamedia recently claimed, could the threat trickle down to music?
From the article, "Music Piracy Is Still a Problem — But It’s a Manageable One," BY GLENN PEOPLES.
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The effect on the companies’ bottom lines remains unclear, but a study by Parks Associates, a research group, found that sharing cost the streaming video industry $500 million in 2015. One reason t...
