20111103

Piracy problems? US copyright industries show terrific health

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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