File-Sharing Doesn’t Hurt Box Office Revenue, Research Finds

New research by economist Koleman Strumpf shows that there is no significant effect of movie piracy on box office revenues. This conclusion is based on data from 150 blockbuster movies that were released over a period of six years, using the popular Hollywood exchange as an indication for the revenue impact. […] The research covers 150 of the most popular films that were released over a period of seven years, and the findings reveal that the release of pirated films on file-sharing sites doesn’t directly hurt box office revenue. – Ernesto, TorrentFreak http://ift.tt/1mFwsUS