I am not a lawyer or politician; I am a filmmaker. With a lot of hard work, as well as good luck, I have had a successful 40-year career in the entertainment industry. Consequently, I feel a responsibility to speak out for those who are working to establish themselves in the creative community.
Even before the pandemic, streaming piracy was costing the U.S. economy each year at least $29.2 billion, 230,000 to 560,000 jobs, and $47.5 billion in reduced GDP every year. Now, as the global population has been sheltering in place for more than 10 months, streaming piracy has unfortunately become more popular than ever. Between February and March, according to UK-based analytics firm MUSO, there were nearly one billion visits to piracy sites in the U.S.
But now, with the passage of the PLSA, U.S. law enforcement can finally start to shut down these for- profit criminal enterprises. With its passage, we can anticipate that legal digital sales and rentals will increase by as much as 10%, which will inject billions of dollars in stolen revenues back into the struggling legal economy, helping to bring back jobs for creatives who have been hit hard by the pandemic.
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