Piracy has become a significant concern for the film industry, with many movies being illegally downloaded and shared on various platforms. According to a report by the International Federation of the Phonographic Industry (IFPI), the global music and film industries lost over $29.2 billion in 2019 due to piracy (IFPI, 2020). The problem of piracy is not limited to the film industry, but it has a significant impact on the livelihoods of filmmakers, actors, and other industry professionals.
Leahy, J. (2019). The Economic Impact of Piracy on the Film Industry. Journal of Business and Economics, 66(2), 235-244. Piracy has become a significant concern for the
Govt. of India (2019). Report on Piracy in the Film Industry. Ministry of Information and Broadcasting. and other industry professionals. Leahy