Online piracy is not the scourge of the media industry, as proponents of a crackdown on copyright infringement claim, says a new study. Creative business is doing well, with those embracing the new realities of digital sharing even flourishing.
The study by the London School of Economics says that claims by industry lobbyists of damage from piracy are largely exaggerated. Meanwhile, policies aimed at curbing illegal file sharing that that the likes of the British Phonographic Industry (BPI) and the British Video Association are neither efficient nor help the entertainment industry to boost its bottom line.
The policy report suggests that attempts to stop digital sharing and close sites like The Pirate Bay are going against the natural development of creative communities and advise to review UK’s attitude to copyright.