The term piracy is used to refer to robbery or criminal violation of copyrights. Robbery in this case is viewed in terms of criminals benefiting from other people’s intellectual products. Such products include books, music, paintings and movies to mention but a few. This crime is commonly known as copyright infringement, which is the unauthorized use of works under copyright. These rights include exclusive rights also known as holder’s right such as, the right to reproduce, to distribute, and display or performing rights (Edwards & Waelde, 2005). This paper will discuss the impacts of piracy in the movie industry, the reason why piracy is on the rise and how the practice can be curbed. The entire world has become in one way or another victim of piracy. Movie piracy in particular accounts for almost 1/3 of the worlds pirated products (Ryan, 2012). Other products with a close margin include software and music piracy. Piracy can be penetrated depending on the person violating the copyright law through many ways. Although people feel that by reproducing other people’s work of art without legitimate authorization has dismal effects, the opposite is true. In the end, the entire market if flooded with the products that are pirated and illegally therefore robbing the original author his or her benefits. A good example of the adverse impacts of the movie piracy practice is presented in a case in Canada where 12,600 full time equivalent jobs were lost This affected the entire economy and the movie industry as well which experienced a loss of 4,900 direct jobs (McDonald & Wasko, 2008). The movie industry is a very prestigious and fst growing market. Many other significant industries greatly depend on the movie industry including the software industry among others. Therefore, the collapsing of the industry can cause a lot harm than good for both the industry and the economy as a whole. America alone, the entertainment industry is...
References: McDonald, P., & Wasko, J (2008). The Contemporary Hollywood Film Industry. Malden,
MA: Blackwell Pub.
Edwards, L., & Waelde, C. (2005). Online Intermediaries and Liability for Copyright
Infringement. Retrieved from: http://www.mpa-canada.org/press/IPSOS-OXFORD-ECONOMICS-Report_February-17-2011.pdfRyan, P (2012). College sports should hook ‘em online. Retrived from: http://policybythenumbers.blogspot.com/2012/09/college-sports-should-hook-em-online.html.
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