How Hollywood Can Capitalize on Piracy - 0 views
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Carolynne Wong on 18 Feb 14Continuing the discussion on piracy, this article explains how piracy may not be as detrimental to the entertainment industry as it is described. Although piracy has allowed people to have free access to content they once had to pay for, the initial thought would be that Hollywood feels the effects, and loses money because of it. On the contrary, the article explains that last year was Hollywood's best theater attendance in history. Despite what is being said about piracy, it helped to spread "the word of mouth". As said by writer Julie Bush, "I believe torrents are the libraries of the future," Julie Bush says. "The more people who see and enjoy my work, the more opportunities I will have to be compensated." In addition, piracy may not be an option for those who are technologically inept. Thus the creation of Netflix, or HBO subscriptions has allowed access as easy as piracy, but on simpler and legal terms.