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Old 06-17-2010, 11:46 AM  
gideongallery
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Join Date: Aug 2003
Posts: 7,082
US Government Told Piracy Losses Are Exaggerated

Quote:
At a hearing yesterday, several experts told the US International Trade Commission that many of the estimates of piracy losses touted by the entertainment industries were inflated or misleading. Others claimed that current enforcement methods aren?t working and suggested they try something else.

http://torrentfreak.com/us-governmen...erated-100616/

Quote:
that companies should start thinking about the long-term. It?s advice that the industries would be wise to follow, as every past copyright conflict has, despite a short-term loss, provided massive long-term benefits and growth for the affected industries.
the best part of the testimony was professor chow, not only because he said what i have been saying here for years
but because he actually backed it up with hard numbers unlike the wishy washy "potential lost sales"
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