Copyright industries contributed $1 trillion to the U.S. economy in 2012.
This information comes courtesy of a study by The International Intellectual Property Alliance.
The conclusion sounds very impressive because it includes all “industries whose primary purpose is to create, produce, distribute or exhibit copyright materials“. Included sectors are: computer software, books, video games, newspapers, periodicals, journals, motion pictures, music, radio, and TV broadcasting. These sectors employ 5.4 million workers.
So while the music industry may be struggling, it is part of a greater set of industries that employ about 4 percent of the entire US labor force, according to the report. In turn, these jobs pay 33 percent more than the average annual wage. Which was probably skewed by high-rolling executive salaries, but then again, the same could probably be said for almost any other industry.
Hm, guess copyright isn’t that evil after all, huh?
Hm, guess copyright isn’t that endangered after all, huh?
Yes, it is:
Europe lost 10 billion Euros, 185,000 European jobs in 2008 because of piracy.
Source:
http://portal.unesco.org/culture/en/ev.php-URL_ID=40884&URL_DO=DO_TOPIC&URL_SECTION=201.html
The US lost 58 billion dollars, 373,000 American jobs in 2007 because of piracy.
Source:
Siwek, Stephen E.,The True Cost of Piracy to the U.S. Economy, report for the Institute for Policy Innovation, Oct. 2007.
Intellectual Property is the very heart of modern economy. And you have to take care of your heart.