Downloading music online is an ever-growing trend. And the entertainment industry is sinking in the sea of digital piracy. Musicians and actors are not making as much as they used to before file sharing became popular. With Congress trying to pass new laws in regards to online piracy, we as a people need to figure out a solution to digital piracy so everyone is happy.
Just check out this infographic created by a leading SEO company, and you’ll quickly see how serious the problem is.
In October 2010, one of the major file sharing companies didn’t have authorization to distribute 98% of the files that were downloaded. But this shouldn’t be new information for you, since this has happened for years. If people can get digital media for free, they’re willing to take the chance at not getting caught downloading it for their own personal use.
Billions of Dollars Lost in the Digital Sea
The number of users that download free and illegal digital media content consume anywhere between $7 and $20 billion dollars every year that would have gone to people in the entertainment industry. This is not taking pennies out of your grandma’s change purse … this is a huge chunk of change!
McDonald’s Employs More People than the Entire Entertainment Industry Does
It’s reported that digital piracy causes millions of jobs lost in European countries by 2015. In fact, McDonald’s employs at least three times as many people than the number of jobs lost due to piracy in Europe.
The entertainment industry is using new online marketing tools to help spread the word of what digital piracy does to millions of musicians, actors, and software companies every year. Most people don’t think of how much it hurts the entertainment industry if they download one song, movie, or software program. But it does.
Now that you know more about digital piracy issues, and how the entertainment industry is using infographics to reach the people, contact an SEO company to see what they can do for your business.