Study Finds That Piracy Is Growing Rapidly and Becoming More Profitable… | DMN

Streaming services may be paying you pennies, but at least they’re lowering piracy. But what if that isn’t true?

At present, there are three major types of piracy ecosystems that are used worldwide: they are BitTorrent, video streaming, and direct download cyberlockers.

The vast majority of BitTorrent sites make money through advertising.

So the piracy sites that we’ve focused on for this study are very much driven by profit: they are generating revenue from advertising, they are generating revenue sometimes from premium subscription fees. And obviously when enforcement shuts these sites down and or shuts down their payment processors, it’s hitting directly at their revenue streams.

READ THE FULL STORY AT DIGITAL MUSIC NEWS:
http://www.digitalmusicnews.com/permalink/2013/10/21/studymediapiracy

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