Illegal Downloads 150X More Profitable Then Legal Sales?
Piracy
According to the acclaimed torrent news site, Torrentfreak.com says that not only is torrenting not a bad thing, but can provide more profits than legal downloads can, up to 150X as much in fact. How is this possible you might ask? The German anti-piracy outfit DigiRights Solutions (DRS) just released a document that shows how some copyright holders could make millions off of. DRS has software that it uses to track down the IPS address of illegal torrenters and sends them bills for their infringements, usually for the value of a couple hundred dollars. As apposed to purchasing the albums legally through ITunes or other distribution sites, copyright holders stand to make up to 150X the profits per illegally downloaded file instead of the usual .99 cent download fee per song. DRS takes 80% of the received payment for damages and leaves 20% for the copyright holder. Why 80% you might ask? Costs of doing business, attorney costs, IT costs, and other fees. Not fair? Not cool? This writer agrees with you, however the exploitation of a few to try and discourage others from doing the inevitable downloading of files via the internet.
Tags: DigiRights Solutions, Downloads, DRS, Illegal, Illegal Downloads, Piracy, Torrent, Torrent Freak, Torrenting