"It is a basic principle of economics that as price increases, demand decreases. Customers who download music and movies for free would not necessarily spend money to acquire the same product. I am skeptical that customers would pay $7.22 or $19 for something they got for free. Certainly 100% of the illegal downloads through Elite Torrents did not result in the loss of a sale, but both Lionsgate and RIAA estimate their losses based on this faulty assumption."File sharers should nonetheless be wary of opening the champagne just yet.
« Older More than 20 years ago, Matt Pritchett, the son of... | Right before the trials at Gua... Newer »
This thread has been archived and is closed to new comments