Entertainment and software companies began to prophesize the end of their industries due to lost profits from piracy if they weren't given the tools to ... read more
Borja and Dieringer reason that streaming services and digital piracy are either substitutes or complements. If substitutes, streaming could put an end to piracy. If complements — where listeners use a streaming service to discover new music and then download it illegally — streaming might have no negative impact. read more
When asked to put a dollar value on losses from content piracy, industry experts say it’s difficult to do for many reasons. Not every illegal download or stream is a lost sale. New pirates are marauding internet waters every day, and piracy is a rampant problem impacting every aspect of today’s legitimate creative industries. read more
Thankfully for the music industry, the surging popularity of legitimate music streaming put a dent in active music piracy. At the same time, however, streaming has given birth to a new form of piracy: stream ripping. Music streaming services are unquestionably on the rise, according to the IFPI. More people prefer to listen to their favorite artists and tunes using services like Spotify, Pandora, and Apple Music. read more