According to a study by the International Federation of the Phonographic Industry (IFPI), piracy costs the film industry billions of dollars each year. The study found that in 2019, 1.4 billion movies were pirated worldwide, resulting in losses of $29.2 billion.
According to a study by the International Federation of the Phonographic Industry (IFPI), piracy costs the film industry billions of dollars each year. The study found that in 2019, 1.4 billion movies were pirated worldwide, resulting in losses of $29.2 billion.