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Streaming Pirates Are Hollywood’s New Villains

January 24, 2024

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piracy

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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Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

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Smart TVs are gradually becoming more common than separate streaming devices. As of the third quarter last year, 56% of households with broadband owned smart TVs while 43% owned streaming devices, acc...

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Creating Spotify for sports to counter piracy

Research from Parks Associates estimates that the cost of video piracy this year alone for pay-TV and OTT providers will be $9.1 billion in lost revenue. By 2024, that number will rise to $12.5 bil...

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About Parks Associates

Streaming Pirates Are Hollywood’s New Villains

Previously In The News

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers

Here's The Top Ten Most Popular Streaming Services This Year

Creating Spotify for sports to counter piracy

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