Introduction to the Series on the Motion Picture Industry

Introduction to the Series on the Motion Picture Industry Rev Ind Organ (2007) 30:253–254 DOI 10.1007/s11151-007-9137-9 Introduction to the Series on the Motion Picture Industry Victor J. Tremblay Published online: 16 August 2007 © Springer Science+Business Media, LLC 2007 The papers in this series cover a wide array of economic issues related to the motion picture and movie theater industries. A recent and growing concern is the illegal piracy of DVDs. Rough estimates by the Motion Picture Association of America indicate that 25 percent of potential revenues are lost due to piracy. Such losses can reduce the sup- ply of movies and affect the way they are distributed to the public. Two papers in the series address different aspects of piracy. The first paper by David Waterman, Sung Wook Ji, and Laura R. Rochet explains why piracy has become an increasing problem in the motion picture industry and analyzes the strategic responses to piracy by the major motion picture studios. In the second paper, Arthur De Vany and David Walls use a confidential data set on the supply of pirated copies of a particular motion picture to estimate the effect of piracy on the movie’s total revenues. This is the first formal analysis of this kind, and the Review of Industrial Organization Springer Journals

Introduction to the Series on the Motion Picture Industry

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Copyright © 2007 by Springer Science+Business Media, LLC
Economics; Industrial Organization; Microeconomics
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