Consider: the Motion Picture Association of America estimated global losses to the movie industry at $18.2 billion — and that was in 2005. CreativeFuture, citing a 2013 study by NetNames, states that illegal streaming makes up nearly a quarter (24%) of global Internet traffic. A new category of theft, OTT video credential sharing, cost the industry $500 million in 2015, according to Parks Associates.
From the article "The New Face Of Digital Piracy: Part One" by Michal Brenner.
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According to Parks Associates, it only gets worse from here. In its 2022 “OTT Streaming Trends to Watch” white paper, their data shows that the average churn rate was 40% in 2020. Right now, the avera...
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