Are Pirate Downloads 150 Times More Profitable for Copyright Holders?
Posted 10/12/09 at 08:32:18 AM by Paul Lilly
According to TorrentFreak.com, copyright holders have found a way to turn the table on software piracy and profit from the practice of stealing software.
Citing a PowerPoint presentation (in German) by foreign pirate-tracking outfit DigiRights Solutions, TorrentFreak reports that alleged file sharers are sent out emails requesting them to pay about $650 per offense. For its efforts, DigiRights keeps 80 percent of the money to cover IT costs, administration costs, and attorney fees, while the remaining 20 percent is passed on to the copyright holders, TorrentFreak reports.
For copyright holders, that breaks down to $130 for every illicit download, or about 150 times more from pursuing file sharers than from selling actual music. Of course, this only applies to those who actually pay, and according to the report, 25 percent of all recipients cough up the cash, no questions asked.
Read more here, then hit the jump and sound off.
Now it makes sense
Submitted by stradric on Mon, 10/12/2009 - 6:36am
It makes sense now that they go after some people so hard. With that woman (forget her name) that had to pay over a million in fines... Even if she doesn't pay or they don't go after the money, they put enough fear into people so that 25% of them pay these bogus fines.
And how much of this money do the artists actually see? Any?
1: Jammie Thomas. 2: The
Submitted by gendoikari1 on Mon, 10/12/2009 - 7:15am
1: Jammie Thomas.
2: The record companies already screw over the artists, even before factoring in illegal downloads.
musicians don't have any
Submitted by nekollx on Mon, 10/12/2009 - 8:27am
musicians don't have any REAL tallent, everyone knows it's the studios. They deserve 150 times the retail value.
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