Most Pirated Movie of 2009 Brings in Huge Profits
Article by George Norman
On 12 Jan 2010
You often here representatives of the big movie companies say that piracy is bad and that leaking movies to torrent sites hurts profits. To some extent I have to say that the big movie companies are right. The movie will lose a lot of money as long as it is a bad one. If you make a good movie and it leaks to torrent sites, it doesn’t really matter because people will still want to see it. Not to mention they will buy all the related merchandise.

Star Trek is proof of that. According to TorrentFreak, site that specializes in everything torrent-related, the most pirated movie of 2009 was Star Trek. Even though Paramount Pictures used this movie as an example on how online piracy will devastate Hollywood, Star Trek managed to bring in a profit of about $100 million.

Advertising

According to The Numbers.com, Paramount spent $140 mil to make the movie and about $100 mil to promote it. The movie brought in $385 million at the box office, $30 mil from US TV syndication rights, and more than $100 mil from DVD and Blu Ray sales (anticipated, based on sales and rentals since Nov. 2009). Film Industry Analyst Bruce Nash, who knows about these things, took a close look at the numbers and assessed that “the most pirated movie of 2009” made a profit of about $100 mil.

“This is just one data point suggesting that Hollywood's hue and cry about "Internet piracy" should be taken with a grain of salt. Other data points include Hollywood's record breaking box office results for 2009 (in the midst of a recession!). And the fact that twice as many movies were released in 2009, as compared to 2004. (There is also far more new music being released today than 10 years ago, thanks to new digital technologies.) Yes, there are lots of unauthorized copies being made out there. But despite what Hollywood's spokesmen would have us believe, the sky is not falling. In fact, many industries would happily trade places with the major Hollywood movie studios,” commented Fred von Lohmann, Senior Staff Attorney with the Electronic Frontier Foundation who specializes in intellectual property matters.



Tags: Piracy, Torrent, Movie, Star Trek, Hollywood
About the author: George Norman
George is a news editor.
You can follow him on Google+, Facebook or Twitter

I Hope you LIKE this blog post! Thank you!
What do YOU have to say about this
blog comments powered by Disqus
Popular News
By George Norman on 17 Aug 2017
With the blockbuster movie season upon us, Sony decided to celebrate the occasion with a sale: the Attack of the Blockbusters Sale that offers discounts of up to 50% (60% if you’re a PlayStation Plus member) on a ton of PS4 video games.
By George Norman on 17 Aug 2017
Samsung’s new T5 portable solid-state drive (PSSD) uses the latest 64-layer V-NAND technology, offers between 250GB and 2TB of storage capacity, has a lightweight and shock-resistant design that’s smaller than the average business card, and delivers industry-leading transfer speeds of up to 540 MB/s.
Related News
By George Norman on 14 Jul 2017
You’re not going to notice the obvious and glaring technical mistakes we made if you’re caught up in the thrill of the ride, are you? Yes. I. Am. Hollywood!
Sponsored Links
Hot Software Updates
Top Downloads
Become A Fan!
Link To Us!
Most Pirated Movie of 2009 Brings in Huge Profits
HTML Linking Code