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Streaming Pirates Are Hollywood’s New Villains

January 24, 2024

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Bloomberg

Consulting firm Parks Associates predicts that legitimate US streaming services’ cumulative loss from piracy since 2022 will reach $113 billion in the next two years. “While there is some optimism that emerging countermeasures and best practices may see piracy begin to plateau by 2027, there is no consensus among stakeholders as to when it may begin to decline,” says Steve Hawley, a Parks Associates analyst.

From the article, "Streaming Pirates Are Hollywood’s New Villains" by Thomas Buckley

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Piracy is projected to expand to new heights in one of the most popular forms of entertainment consumption — streaming services. By 2027, there is a projected loss of $113 billion for streamin...

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About Parks Associates

Streaming Pirates Are Hollywood’s New Villains

Previously In The News

It's not me, it's Netflix: With password sharing on the block, how to boot your friends

Nearly 20% of US households have over 3 Apple devices

Is Amazon Spending Too Much to Grow Prime Memberships?

Piracy Could Result in $113 Billion Loss for Streaming Services by 2027

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