Movie piracy essay

...Video piracy is a form of theft. Specifically, it refers to the unauthorized copying or use of intellectual property. Intellectual property is knowledge or expression that is owned by someone. One type of intellectual property is movies, which is protected by copyright law.

...Online Piracy The term piracy might make one have images of a peg-legged ship Captain brandishing a sword and an eye-patch on the salty seas, but this is far different from the more relevant battle between media consumers and the media industry.

Movie pirates know that they can make money off of a particular product. In this case, the product is movies. However, this product is often someone else's movie. instead of making their own movies or licensing one, movie pirates steal popular Hollywood and independent films. Consumers who buy pirated movies are contributing to theft.

Introduction A. Attention Getter: One credible study by the Institute for Policy Innovation states the annual harm done by piracy is at 12.5 billion dollars in losses to the U.S. economy well as more than 70,000 lost jobs and 2 billion in lost wages to American workers.