Film Piracy

The movie industry excels in selling dreams. But since the dawn of the digital revolution, there is one narrative they've consistently and conspicuously failed to sell: that piracy is theft and consumers who indulge ought to feel guilty about it. Recent research by Ipsos suggests that almost 30% of the UK population is active in some form of piracy, either through streaming content online or buying counterfeit DVDs. Such theft costs the UK audiovisual industries about £500m a year.

https://www.theguardian.com/film/2014/jul/17/digital-piracy-film-online-counterfeit-dvds

Hypothetically, two movies come out on the same day: The Wolf of Wall Street and the new Transformers. You are allowed to see one in an IMAX theater and you will illegally download the other one online. Most people would choose Transformers over The Wolf of Wall Street due to the fact that there are robot dinosaurs and everyone else is going to see it in theaters. Those robot dinosaurs will look a lot cooler in a theater rather than on a laptop. Many people then realized how lacking the movie really was after walking out of their local theater’s showing of Transformers: Age of Extinction. Meanwhile, many of the same people went on to watch The Wolf of Wall Street online to realize that it was actually a really good movie. Most people don’t realize that this is at all a problem, and at first glance it’s not. However, after more in-depth research, the problem soon becomes apparent. Transformers: Age of Extinction only gained an 18% rating on Rotten Tomatoes (Transformers, Rotten Tomatoes), one of the most critical and most trusted film-review sites online. The Wolf of Wall Street, however, gained a 77% rating on the same site (Wolf of Wall Street, Rotten Tomatoes). It was also nominated for five different Academy Awards. The Wolf of Wall Street is clearly the better film. Yet, besides the fact that Transformers was clearly not a great film, it somehow managed to be named the highest grossing film worldwide of 2014 and earned over one billion dollars in the Box Office (2014 Worldwide Grosses). The Wolf of Wall Street went on to be the most pirated film of 2014 with over 30 million illegal downloads (Spangler, 1) and didn’t even gross $117 million, giving the producers and the studio under $17 million after the production cost, which is not a much of a profit at all for such a high-budget film... 

http://moviepilot.com/posts/2889420