Originally Posted by DamianJ

What losses? Both are making record profits, and recently admitted lying about "piracy" figures.

Fraudulent piracy figures
A May 31, 2006, MPAA press release about The Pirate Bay raid alleged that the film industry lost $6.1 billion domestically to piracy in 2005, and that internet piracy alone cost the studios $2.3 billion.[18] However, some 80 percent, or $4.8 billion, of the $6.1 billion figure represented non-commercial backups, either virtually on a device or physically on another disc, which is protected under United States law. The MPAA figures were based on a private study which was not independently verified for methodology or validity.
On January 22, 2008, the MPAA admitted its claims about piracy occurring at colleges was inflated by up to 3000 percent.[19] These revelations came at a time when the MPAA was lobbying for a bill that would compel universities to crack down on piracy.[20]

http://en.wikipedia.org/wiki/Motion_...ion_of_America

more
http://news.cnet.com/8301-10784_3-9858416-7.html
http://www.insidehighered.com/views/2008/01/29/green

And the profits?

http://boxofficemojo.com/yearly/

2009 was up 10% year on year for gross revenue.

Also, what has the MPAA and RIAA actually achieved in terms of results Pauly?