Online Piracy Helping the Entertainment Business? Apparently So.

http://techdirt.com/articles/20100721/07301310306.shtml


The movie industry keeps sending very, very mixed messages. It keeps insisting that its business is being decimated by file sharing, but then keeps putting out reports bragging how well it's doing. Reader ethorad
points us to a page put up by the UK Film Council about the movie
business in the UK, where it makes a pretty compelling case that the movie business is thriving, despite all the reports of doom and gloom. Some key highlights:

  • The core UK film industry has grown 50% over the last 10 years
  • UK box office takings at record levels, with growth of over 60% over 10 years
  • They have had a 500% return on their investments in film
  • More films are being released, up over 30% in the last decade
  • Independent films are performing quite well, taking in nearly half the revenue of major studio films
All of these points seem to go against the claims of an industry being
decimated. Rather than the predicted decline in attendance, attendance
is way up. Rather than the predicted decline in making films (both
major studio and indie), more films are being made, and they're doing
quite well. So... um... where exactly is the decimation happening?

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