Tag Archives: Piracy

New Study Claims Film Piracy may Benefit Independent Productions

A new report looks at the link between Megaupload and  its box office effects. The findings were a bit surprising, concluding that film piracy may benefit independent films. Maybe the pirates were on to something…

The Washington Post reported on the recent study by economists at the Munich School of Management and Copenhagen Business School, that examined box office receipts before and after the shutdown of the infamous  pirating website Megaupload.  The team behind the study initially theorized that after the Megaupload shutdown in January 2012, profits would ideally jump for films.

While the study found that  major tent pole films such as “Harry Potter” held pretty steady, it was smaller films that saw negative effects of the Megaupload’s shutdown.