Free for a Fee

Pity the poor people who work in the US “copyright industries.” Battered by a decade of digital piracy and facing even more of it thanks to cheap computers, fast Internet, P2P file-sharing, and online file lockers, the US creative industries teeter on the verge of collapse. You can tell because the industry:

• Pays better than most American jobs
• Has outperformed the US economy through a horrific recession
• Sells record-setting amounts of product overseas, earning more foreign revenue than the entire US food sector or US pharmaceutical companies

Things are going so “badly” that a major new report commissioned by copyright holders says that these “consistently positive trends solidify the status of the copyright industries as a key engine of growth for the US economy as a whole.”

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The content in this post was found at http://arstechnica.com/tech-policy/2011/11/piracy-problems-us-copyright-industries-show-terrific-health/ and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.