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splonk | 1 year ago

Here's the press release from Eurojust: https://www.eurojust.europa.eu/news/crackdown-illegal-stream...

The claim of 250M/month or 3B/year in revenues seems staggeringly high, and doesn't seem to make sense compared to the 1.6M in crypto that was seized.

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illwrks|1 year ago

That number is probably a fantasy, likely an estimate based one the ‘damage’ and ‘lost income’ per stream from people who were probably never going to pay for it anyway.

The film industry is important. It employs millions of people in direct and indirect ways. Yes it’s a business and needs to turn a profit for shareholders, and salaries of people in that industry also pay their mortgages and put food on the table etc. There are 15+ films released every week. Go see one in the cinema, or rent it and your enjoyment helps sow the seed for more content in future. Without it you’re stuck with YouTube influencers and grifters.