Shutting down Megaupload? Bad for box offices...

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Megaupload Shutdown: Negative Effect on Box Office Revenues

Turns out that shutting down piracy is good for blockbusters but bad for small to medium sized movies. This makes sense to me, as piracy really just leads to information sharing for smaller movies, but can be a substitute for major releases. I don't know the numbers, but I think the same has more or less been true for the music industry in the last decade.

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