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ExtraTorrent.cc > Articles > Movie Industry Enjoyed $38bn Box Office in 2015

Movie Industry Enjoyed $38bn Box Office in 2015

Movie Industry Enjoyed $38bn Box Office in 2015

Added: Thursday, January 14th, 2016
Category: Bit Torrent Freedom > The Industries Of Records, Gaming, Software, Movies
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2016
While the entertainment industry always claims that online piracy is devastating its revenues, such devastation is not visible at the worldwide box office in 2015, which surpassed $38bn. The North American theaters alone raked in more that $11bn (for the first time ever).

It is not a secret for anyone that today watching pirated movies is easier than ever before, as you can choose from hundreds of torrent services, streaming portals and direct download sites. Moreover, there are a lot of dedicated apps you can use to stream the latest movies for free. In response, movie industry tries to do its best to contain piracy, though it seems to be a near impossible task. The main problem is that anonymous owners operate most of the unauthorized services.

Every day the Movie Picture Association of America and other groups claim that hundreds of thousands of jobs are at stake, and the US economy is losing billions due to digital piracy, because unauthorized downloads are slowly killing the content industry. The question is why these claims are not reflected in 2015 box office revenues.

According to statistics, the box office revenues just exceeded $11 billion, which is more than ever before at the North American box office, representing roughly a 9% change compared to 2014. In the meantime, the worldwide box office also reached an all-time record, with the global grosses estimated at a staggering $38 billion.

One more indication that business is going well for the industry is the increase in the number of tickets sold. For instance, theaters in North America increased their ticket sales by more than 5% last year.

At the same time, one can’t claim that illegal downloads have no effect at all. Maybe the movie industry would make even more money if it didn’t exist. Or maybe not. You should also take into account that the revenues of the movie industry aren’t limited to the box office: the copyright owners also profit from DVD sales and various streaming platforms.

In other words, we can see that piracy has certainly not destroyed the movie industry just yet, and all of us go to the movie theaters to pay for our entertainment from time to time.

Thanks to TorrentFreak for providing the source of the article.

Posted by: 

Date:  Thursday, January 14th, 2016

Comments (11) (please add your comment »)

posted by (2016-01-15 04:11:32)
Nicolay avatarIf only they could take a bit of these $38bn and pay writers a bit more. Enough with these CGI-fests that have no substance!

posted by (2016-01-15 22:51:12)
No avatarLook up the definition of the word GLEAN.

Not everyone has the money to pay the high prices for things.

Oh and I pay to watch stuff. It is called movie tickets, tv commercials, etc.

Already paid once. Why keep being bled for more and more money?

posted by (2016-01-16 01:12:54)
collinwo avatarwhen a movie is good enough, i will pay to watch it in theatres (i payed to see star wars 3 times. most recently).

if a movie looks like shit, ill download it on a torrent site.

get rid of torrent sites, and i will pay to watch good movies. and i just wont watch second rate ones. i have a feeling most pirates feel the same way.

posted by (2016-01-16 05:01:58)
robbow123 avatarAs we know words can carry a lot of weight and using the wrong terms can bias something one way or other

SaM provides excellent stories. But the term pirated movie when speaking about people who download movies for their personal use is incorrect.

Those who pirate movies. Do so in large quantities in order to make a large profit from someone Else's work. They are usually an organized crime group.
Those kinds of people should be sought out and arrested. Taking a movie and then distributing it illegally for profit is obviously wrong.
I once spoke to an RCMP officer involved in illegal pirating. She said that they weren't concerned with individuals downloading movies. They were after the large scale importing of blurays and DVDs as well as domestic large scale pirating.

The film industry wastes it's time vilifying torrent sites. The threat to more income is large scale pirated films. I believe many of them originate in parts of southern asia. And of course China.

Using the term piracy to mean large scale distribution of movies for profit, the film people should try to stop that. But not bit torrent sites like this one, where individuals are not doing it for money and most of us Buy the movie anyway. I like that we can see a Hi Def film before it arrives at the retail level.
Thanks SaM

posted by Turtle (2016-01-16 13:48:56)
BaBaDapper avatarI think some of us are doing it for the money. I am. I'd rather DL from here for free than spend my money on the typical movie nonevent that isn't really worth paying to see.

posted by (2016-01-16 13:53:57)
robbow123 avatarHi Dapper

That's not what I meant. You are saving money but are not making a thousand copies and selling them. That would be piracy. Downloading for yourself whatever the reason is just downloading. the same people who import and sell drugs, are involved in the slave trade and so on are the ones who are mass producing movies illegally

posted by (2016-01-17 06:50:33)
No avatarI don't have the money to go to movie theaters, if I don't download the movie, I don't watch it. The movies I do download and I like, I buy the DVD or BR when it's released.

The same with games, I don't have a spare $50-$100 plus to buy a game that may be totally shit, so I download a cracked version, get a feel for it and if it's a good game I'll buy a legit copy.

posted by (2016-01-17 09:38:12)
sara24689 avatarthanks

posted by (2016-01-17 15:46:57)
No avatarsome one said why do they keep you bled for more and more money, well prices change CAUSE INFLATION CHANGES. yOU HAVE 2-300 PEOPLE MIN INVOLVED IN MAKING MOVIES. a CAMERA MAN NEEDS TO EARN MONEY TO SUPORT HIS FAMILY SO WORKS 8-12 HOURS A DAY ON A MOVIE, THE SOND GUYS HAVE FAMILYS AND NEED TO EARN TOO, THE ENJINEERS, SET DESIGNERS ACTORS, DIRECTORS, WRITERS all need to make money to support their family hell any man or woman working in any job do it to earn money for themselves and families to live. Now while I think blue ray prices are ott at 30 pounds uk I think the cinema and lower priced blu rays or digital content is very fair. Why shouldn't you pay to watch a movie that people make with their paid time, why shouldn't you pay a fair price if you want that content at home.

We have to all on both sides be reasonable. you have to pay for content you use but a fair price.

posted by (2016-01-17 19:48:37)
Jbird38 avatarBrangelina just spent $1 million on their last vacation alone. They're not hurting for cash.

posted by ET babySite FriendET junkieET loverGirlSun (2016-01-18 12:14:58)
cosmiclsd avatarDANG!..shite,38 BILL..wtf!..n 2 think they got all these anti-pricacy/p2p agencies contracted 2 harass us 'po folks bout FOOKIN vidz n shite...but they got z ta justify theys' bullshite,,ain mad at em..jus send me a BIG ARSE CHECK "on the house"..mofo's........this is all bout MONEY across the board....if ya think it ain so;bes think 2wice............

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