Feeds

Piracy reduces Hollywood to penury

Sobbing stars down to last Learjet

Top 5 reasons to deploy VMware with Tegile

Pirated DVDs and illegal net downloads are costing the US movie industry a staggering $6.1bn annually in "global wholesale revenues", according to a Wall Street Journal report.

The total - estimated by El Reg as the equivalent of a breast augmentation and facelift for every man, woman and child in California, or the special effects budget for a single Peter Jackson film - is "75 per cent higher than earlier estimates", Reuters notes.

These blockbusting stats were put together by LEK Consulting LLC during an 18-month, $3m study conducted in 28 countries. Suspicious readers may already have already guessed that it was commissioned by the Motion Picture Association of America.

The main culprit in reducing Hollywood to miserable penury is apparently Mexico - "the world's largest market for pirated US films" - representing "$483m in lost revenue in 2005". ®

Remote control for virtualized desktops

More from The Register

next story
Holy vintage vehicles! Earliest known official Batmobile goes on sale
Riddle me this: are you prepared to pay US$180k?
Bible THUMP: Good Book beats Darwin to most influential tome title
Folio Society crowns fittest of surviving volumes
'Open source just means big companies can steal your code.' O RLY?
Plus: Flame of the Week returns, for one night only!
U wot? Silicon Roundabout set to become Silicon U-BEND
Crap-spouting London upstarts to get permanent road closure
Hey, you, PHONE-FACE! Kickstarter in-car mobe mount will EMBED your phone into your MUG
Stick it on the steering wheel and wait for the airbag to fire
NEWSFLASH: It's time to ditch dullard Facebook chums
Everything hot in tech, courtesy of avian anchor Regina Eggbert
'It is comforting to know where your data centres are.' UK.GOV does NOT
Plus: Anons are 'wannabes', KKK says, before being pwned
Criticism of Uber's journo-Data Analytics plan is an Attack on DIGITAL FREEDOM
First they came for Emil – and I'm damn well SPEAKING OUT
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.