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How TV Producers Lose Billions to Piracy [infographic]

How TV Producers Lose Money to Piracy infographic
David Michaelis
Written by David Michaelis

What do millennial cord-cutters have to do with piracy? The answer is right here in the How TV Producers Lose Billions to Piracy infographic. Check it out.

aNewDomain — Piracy works around the clock. A global network of servers can be accessed through numerous popular sites like Kickass Torrents, Torrentz, Extratorrent, EZTV, RARBG, 1337X and Limetorrents. Many of these have been blocked in the UK, but many and others like them are still operational in the US.

Millennials are responsible for most of this pirated content. Find more analysis on this trend below the fold.

Check out the TV Producers Lose Billions to Piracy infographic, below.

How TV Producers Lose Billions to Piracy | Statista

TV Producers Lose Billions to Privacy infographic: Courtesy of Statista

Illegal downloading and streaming also have a huge impact on people’s inclination to subscribe to traditional cable or satellite packages. The latest season of “Game of Thrones” set a new record for online piracy, with 32 million people pirating episodes within the first week, according to TorrentFreak.

Alongside this, customers are also potentially bypassing paying for services through shared logins.

According to Global Web Index, two thirds of Netflix users in the UK and US share their password with other people. Given that some of these users are likely to be in different households, this is a potentially large subscription base that is being lost.”

Piracy and cord cutting go hand in hand

The ubiquitous use of piracy goes hand in hand with the cord cutting, the concept that you can disconnect from the more normal contracts (or actual physical cords). Paid television subscriptions are quickly going under, while streaming content through digital devices is on the rise. And millennials are spearheading the effort.

cord-cutters

Young Americans most likely to be Cord Cutters infographic: Courtesy of GlobalWebIndex

GlobalWebIndex’s Cord Cutters report (paywall) from last month found that:

In the TV-obsessed US, 9 per cent of 16-24s are in the Cord-Cutter camp. That means it’s now a significant section of the youngest consumers in the US who are falling outside the influence of the traditionally dominant cable TV companies.”

Many millennials find themselves simply fed up with their cable companies for many reasons -– the service, the plan or the price. And so, we’ve seen an interesting shift towards alternative television and what’s been termed “cord-cutting.” This, plus piracy, has put the entertainment industry in an awkward and innovative space.

What will the future of media consumption look like?

For aNewDomain, I’m .

Featured image: Screenshot courtesy HBO

About the author

David Michaelis

David Michaelis

Based in Australia, David Michaelis is a world-renowned international journalist and founder of Link Tv. Winner of Peabody award. At aNewDomain, he covers the global beat, focusing on politics and other international topics of note for our readers in a variety of forums. Email him at DavidMc@aNewDomain.net.

  • You want to put a serious dent in piracy? Make all content available to ALL areas of the world at the same time for a fair price. Done. The only thing that makes this an “awkward space” is that the channels who have such in-demand programming aren’t doing global streaming for a fair price. It’s their own damned fault.

  • Jesse Causey

    Building on what OAR_john said, the biggest issue is there is no paid service that works well all the time for all content. Netflix does and they are trying to destroy it and delay content getting there. If you charge too much, make it too difficult people flow to other options. it is truly self inflicted.

  • Tobias J

    There is no more copyright. Its done and dusted thanks to the internet and digital technology. We don’t want it and we don’t need it. I would never pay attention to some strangers desire to have authority over what media I consume. Just copy and share whatever you like and never think twice about copyright.