> According to the indictment, MegaUpload is responsible for at least $500 million in losses for the owners of the copyrights in question.
I really can no longer stand such outlandish claims. Do they mean they would have sold 50 million more movies at US$ 10 each if the site didn't exist? Or do they think they'd have sold 500 million downloads for US$1 each? Or 5 billion for 10¢? In fact, they most probably got a couple extra sales from people who really loved a movie they downloaded to the point of buying the DVD (or BD) version.
Tired of sources supposedly at the top of their profession (WSJ) who simply repeat these money claims and don't ask to see any sort of study to back them up.
They printed another claim from the Motion Picture industry claiming "100,000 jobs lost"....ridiculous number, and WSJ doesn't even ask where they get the number from
I really can no longer stand such outlandish claims. Do they mean they would have sold 50 million more movies at US$ 10 each if the site didn't exist? Or do they think they'd have sold 500 million downloads for US$1 each? Or 5 billion for 10¢? In fact, they most probably got a couple extra sales from people who really loved a movie they downloaded to the point of buying the DVD (or BD) version.