Lesser profits =/= money lost and there is no way to determine if a drop in profits is definitely correlated to piracy. That is theoretical loss under the assumption that if all those people did not pirate their music they would have bought it, while, in the real world that the rest of us live in, many of them never would have bought it anyway. Piracy does not cost them anything, they do not need to produce replacement CDs because a ship full of them was plundered.j-e-f-f-e-r-s said:If you're going to use the music industry as an analogy, at least try to do some research first, rather than pulling self-serving arguments from out of nowhere.
The music industry has not benefitted from piracy. The music industry has experienced drop in profits year after year because people would rather pirate music than buy it. Last year alone, profits were down by 8.4% from the prior year. The UK music industry lost £189 million in 2011 alone because of piracy.
Also, the way you/they word it, the entire UK music industry worked in the red. They made no profit at all. Not a single musician or record label made a dime this year, they all had to dip into their savings to pay for their expenses? No.
You're following the same line of logic that Ubisoft tries to sell the world; because they aren't making AS MUCH as before, they lead us to believe their operating at a loss. They are still profiting and profiting quite well, but because they haven't gained every penny THEORETICALLY possible, they claim they've lost money.
Do any of these people think, just for a second, that they're making less each year because their product quality has dipped or the market is over-saturated? No, not for a second, cause that would be an admission of how poor their product and operation is. It is far easier to rattle their swords, rile up idiots and apologists, and claim the pirates are stealing their booty.