Apparently there’s a piracy boom in Latin America. Music and video media is ripped off and sold for prices way below what the giant media companies would give you. I’m not advocating piracy – I think if the companies provide us with the entertainment, they ought to reap the rewards. Too many people are digging that socialist vibe where big companies are evil. I don’t.
Where I do have a problem is that these companies are saying that they lost billions. In this article, it mentions the loss of $3.5 billion. Let’s get real. If the movies and music were priced like the companies selling them wanted to price them, sure they might lose that kind of money. But if they were priced like that, they wouldn’t sell.
I have no doubt that some would, and I am not encouraging them to lower their price, or supporting the piracy efforts.
All I am saying is that just because a thousand people bought a $20 DVD on the streets of Bolivia for $1.50, it doesn’t mean that the company who created the movie lost $18,500 – there is simply no way it would have sold for that price there. I also don’t know how they calculate the numbers. If they can so accurately track the piracy, perhaps they could better fight it. But it sounds like more sensationalism to me.