Fancy paying £39.5 million back to the music and movie industries for us?

utorrent.jpg
A study has found that the average person has illegally downloaded approximately 2,900 music files and 90 movies, and could mean that, technically, each person on Earth owes more than $67 million to the recording and movie production industries.

The survey of 6,000 people aged seven to 84 also found that people who steal movies are more likely to be wealthier than people who download music illegally, and more likely to cut down on their piracy if they feel they are harming the industry.

Economist at the University of Portsmouth and co-conductor of this research, Dr Cox, told the Huffington Post: “It is interesting to see that people who illegally download large quantities of movie files continue to pay for legal movie consumption to a far greater extent than music downloaders.”

However, Huffington Post has worked out that the level of downloading per person, combined with the damages set per incidence of piracy in various court decisions, against the nominal value of the world’s GDP leads to some mad conclusions on how much money we owe as a world population.

The online publication worked out that we owe almost $6.5 million to the music industry and an amount we don’t even know how to say ($14,175,000,000,000,000,000) to the movie industry, totalling a massive $470,925,000,000,000,000,000 (yeah, us neither).

So, basically, based on there being 7 billion people in the world, we all owe $67,275,000 each, or £39,657,536.10. It really makes you think about how much we download illegally, doesn’t it?

Apple iPhone 5S Vs Samsung Galaxy S5 – our interactive buying guide

About the Author

Hayley Minn

Twitter

Staff Writer Hayley covers news, which tech accessories you should buy, smart shopping updates and, with a passion for and background in entertainment, keeps you abreast of what celebrities are getting up to on Twitter and Instagram. As a perpetual singleton, she is always looking for new ways to date in London, whether that be through apps or events.





Hayley MinnFancy paying £39.5 million back to the music and movie industries for us?
  • Simon Johnny

    “So, basically, based on there being 7 billion people in the world, we all owe $67,275,000 each, or £39,657,536.10. It really makes you think about how much we download illegally, doesn't it?”No, it makes me think that the cost of media is far too expensive. The media companies have made it impossible for 99% of the population to pay back the amount they're asking, based on the damages caused by piracy. Reduce the amount they're charging for media and they'll not have so many pirates, I'm sure just 1 less pirate is going to save them more then they'll lose out on.Lets look at it. £25 for a bluray movie. reduce that to £5 and they've 'lost' £20. The same user who in stead of pirating now pays £5 and the media companies have just saved them selves over £39,650,000.I know what I'd rather save, £39,650,000 or £20. Per pirate, they could sell blurays at £5 to 1,982,500 users and break even. Yet Fuck, they're still greedy bastards.