Summary:

Global content piracy cost businesses $30 billion-$35 billion worldwide according to a new report from the International Intellectual Proper…

Global content piracy cost businesses $30 billion-$35 billion worldwide according to a new report from the International Intellectual Property Alliance (IIPA). And that is without internet piracy, for which the group says it cannot yet get “meaningful” figures. The Russian piracy is a big problem: “Russia’s copyright piracy problem remains one of the world’s most serious. Piracy rates for most sectors are estimated at around 70 percent to 80 percent in 2005 and losses continue to be staggering.”

They should also make a trip to India sometimes…it has got to be in that range.

Full report here

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