Cyber Pirating: A 12.5 Billion Dollar Economic Loss62

Statistics of Piracy From Music (from the RIAA):

•Piracy of music causes 12.5 billion dollars economic loss
•Jobs lost from piracy of music: 71,060
•2.7 billion dollars in wages lost (again from just music piracy)
•422 million dollars lost in tax revenue
•131 million dollars lost in corporate earnings

Statistics Piracy of Movies (from the MPAA):

•Movie piracy costs our economy 18.2 billion dollars a year
•141,030 jobs have been lost
•837 billion dollars of tax revenue is lost each year
•20.5 billion dollars of movie earnings is lost