Is piracy really destroying the entertainment industry? Techdirt blogger Mike Masnick doesn’t think so, and he has some numbers to prove it. Masnick and his Floor64 colleague Michael Ho released a report titled “The Sky Is Rising” at the Midem music industry convention in Cannes Monday that shows how the global entertainment industry actually grew by 50 percent in the last decate, despite Napster, BitTorrent & Co.
The report was commissioned by the Computer & Communications Industry Association, which counts companies like Google and Facebook as its members. It’s definitely worth a read (check out the full PDF) and will likely provoke discussion, especially in light of the entertainment industry’s ongoing push for tougher copyright laws. For a CliffsNotes-like version, check out the following infographic:
Related research and analysis from GigaOM Pro:
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interesting infographic and report on growth in the intellectual property business.