Strangulating effect of TV piracy

[icernet-admin at listserv.cddc.vt.edu]

Indian cable and satellite broadcasters have been crying hoarse about 
piracy for quite sometime. Quite an old story actually. But the figure 
quoted by an independent study last week on the revenue lost on account of 
pay TV piracy in the Asia Pacific region has left many a mouth gaping. The 
study put the aggregated losses across all sectors of the Asia Pacific pay-
TV industry, from platform operators to independent programming suppliers, 
at a staggering $1.29 billion for 2003. It further said that net revenue 
loss because of piracy in 2003 would be $874 million. The most striking 
observation of the study, however, was that Indian market contributed to 72 
per cent of the total revenue leakage. The finding definitely can’t be 
ignored.

Source:
http://economictimes.indiatimes.com/cms.dll/xml/uncomp/articleshow?
msid=273859