Over a million jobs and up to €240 billion in business could be lost
in the European Union over the next five years as a result of illegal
downloading, according to a new study into Internet piracy.
The study, by Paris-based TERA Consultants for the International Chamber of Commerce, focused on piracy in Europe's music, film, television and software industries.
Those industries generated €860 billion and employed 14.4 million people in 2008. But in the same year, €10 billion and 186,000 jobs were lost to piracy, the study found.
If that trend continues – and the rapid increase in illegal downloads and advancing piracy techniques suggest it will – then up to 1.2 million jobs and €240 billion worth of European commerce could be wiped out by 2015.
To read the full, original article click on this link: Study: Internet piracy taking big toll on jobs | EurActiv
Author: EurActiv
