Why video piracy is NOT a crime, why film companies should stop removing their movies from streaming websites.
It is true that for every copied CD there is a loss for the film company, (That is what everyone believes) but if you have a little background in Economics and Marketing, you will find that pirated films are actually beneficial to the film companies.
But how is that?
You see the main method by which a movie becomes famous is by word of mouth, isn’t it? The majority of people watch a certain movie because some other guy has told him/her that the movie was nice. If people are restricted by expensive original DVDs, then the viewers will be minimum, but if the movies are cheap and affordable/available/within the reach of many people, then the size of the market/viewers will be greater. (Film industry becomes larger)
Here the more people who watch movies the more spreading of word of mouth – the larger the audience/customer base, which inevitably leads to a larger number of people who will buy original DVDs (due to the popularity of watching movies and due to the huge size of the industry’s audience)
What is better? Having 100 people buying pirated discs and 10 people buying original discs OR 1000 people buying pirated discs and 100 people buying original discs? You see the point?
My message to film companies:
You might think that you are doing the right thing by stopping people from copying your material but in reality you are loosing money! So stop worrying too much and put all your movies on youtube so I can watch them for free god damn it! đŸ˜€