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Counterfeit Goods and Piracy Industry
Web Video Piracy
Summary
Web Video Piracy is the act of uploading and downloading licensed content onto the Internet through sites such as YouTube.
$60 billion is lost to content producers due to web video piracy.
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Market Value: $60 Billion
Source: Diane Mermigas, " Google-YouTube deal expands broadband nation," Hollywood Reporter, October 10, 2006, http://tinyurl.com/2napne (last accessed: September 26, 2007).
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