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Stopping Internet piracy may benefit filmmakers — but only some filmmakers, and only some of the time.
That’s one of the implications, at least, of a newly updated study by economists at the Munich School of Management and Copenhagen Business School. Drawing from nearly five years’ worth of data, the economists compared box office revenues before and after the shutdown of Megaupload.com, the infamous file-hosting site that, by its own numbers, once accounted for 4 percent of daily Internet traffic. They theorized that, if piracy on Megaupload really hurt sales as much as the film industry claims, then profits would jump after the site’s shutdown.
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