A press release from yesterday: MPAA Chief Dan Glickman Applauds Inclusion of Broadcast Flag Provision in Stevens Telecom Bill; Pledges to work with Chairman and Committee to Protect Free-Over-the-Air High Value Content
â€œWithout adequate protection provided by a vigorous broadcast flag in the digital era, high value programming may migrate exclusively to pay systems that do have adequate protection, such as cable and satellite. A TV broadcast flag protects the publicâ€™s ability to see good quality programming on free over-the-air broadcasts as we make the digital transition mandated by Congress.
â€œSenator Stevens clearly recognized the importance of a broadcast flag by including it in his telecom reform legislation. I am concerned, however, that certain exceptions put in place in the draft bill may serve to undermine the underlying effort. We look forward to working with him to make certain that the language in the final bill accomplishes the overarching goal he seeks to achieve: protecting high value content on free-over-the-air broadcasts.â€
A study showed the industry was losing $6.1 billion annually in global wholesale revenue, about 75 percent higher than earlier estimates, it said.
Losses came not only from fewer ticket sales, but also from fewer DVD sales, considered one of the industry’s biggest profit centers, the report cited unnamed sources as saying.
The newspaper said some in the U.S. movies industry sought to suppress the report.
The study was conducted by LEK Consulting LLC and commissioned by U.S. films industry lobbying group the Motion Picture Association of America.
[…] The study also dispelled commonly held beliefs. Mexico, for instance, now ranked as the world’s largest market for pirated U.S. films, overshadowing China and Russia, with $483 million in lost revenue in 2005.