Economic Consequences Of Movie Piracy – Japan

A joint study undertaken by Ipsos and Oxford Economics on behalf of Japan And International Motion Picture Copyright Association Inc. (JIMCA) was released today, on the side of the Tokyo International Film Festival and indicated that movie theft cost the Japanese economy an estimated JPY 56.4 billion in lost revenue, with 2,600 jobs forgone.

The Ipsos study arrived at the figures by conducting an online survey of 3,000 people aged 15 to 64, between July and August 2010. Apart from the JPY 56.4 billion loss in revenue across the entire Japanese economy and the forfeiting of 2,600 full-time jobs, another key finding of the study revealed tax losses of JPY 6.2 billion due to movie piracy.

Here’s a link to the full report.