Posted Wed May 4, 2011 at 07:00 AM PDT by Dick Ward
With Netflix subscriptions doubling, the downloading of older movies has slowed.
Historically, the internet has been viewed by the music, movie and television industries as a wretched hive of scum and villainy, full of pirates who want nothing more than to kill profits. That isn't the case of course, and the success of Netflix goes a long way to prove it.
Companies have attempted to curtail the illegal downloading of their products in a variety of ways, including increased copy protection and lawsuits. In the end, the best solution is to offer a better alternative.
"Although no torrent site has gone out of business yet," writes Ernesto on Torrent Freak, "Netflix certainly is a serious ‘competitor’ for access to movies." He adds that nothing is conclusive, but the data seems to indicate that being able to choose from a range of movies at a low monthly price has beaten out illegal piracy for some.
Source: Torrent Freak
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