this post was submitted on 16 Sep 2023
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I had to write a research report in university about whether or not piracy hurt or helped the recording industry.
From the research, I found multiple studies that compared brain activity of shoplifters compared to those of pirates. The area of the brain that lit up when stealing physical objects did NOT light up for those who pirated.
Digital piracy is not theft. No one is hurt except for unrealized revenue. But if someone pirates, was that even potential revenue to begin with?
It was also found that piracy allowed for greater reach of content which statistically resulted in more people attending live concerts (think of piracy as free advertisement). Concert attendance led to increase in ticket and merchandise sales.
So overall? Piracy is good. It is only bad if you ignore multiple factors and only focus on short term bottom lines. A net positive.