Quote:
Originally Posted by HarryT
"profits are up" and "a lot of money has been lost due to piracy" are not contradictory statements, and are probably both true.
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Profits are neither here nor there - we're looking at revenue here, not profits.
US book revenues year to year are up and down with the economy and do not have a large growth rate - because books are a mature, saturated, market.
From the US Census Bureau figures compiled by Morris Rosenthal
http://www.fonerbooks.com/booksale.htm
US book sales (according to the US Census Bureau) have been around $16-$17 billion a year since 2003. To suggest that ebook piracy could have cost the industry $2.8 billion dollars in lost sales *every three months* is ridiculous
http://www.attributor.com/blog/book-piracy-costs-study/