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MPAA Revenue Drops 20% as Movie Studios Cut Back

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MPAA Revenue Drops 20% as Movie Studios Cut Back

Postby MrFredPFL » Mon May 28, 2018 12:20 am

Story : https://torrentfreak.com/mpaa-revenue-drops-20-as-movie-studios-cut-back-180527/





The latest MPAA tax filing shows that the revenue generated by the anti-piracy group has fallen after a few years of modest growth. The decrease is the result of lower membership fees paid by the major Hollywood studios, which resulted in a significant loss. The filing further reveals that the MPAA's former CEO Chris Dodd earned $3.4 million during his final year.

As a united front for Hollywood, the MPAA has booked many anti-piracy successes in recent years.

Through its involvement in the shutdowns of Popcorn Time, YIFY, isoHunt, Hotfile, Megaupload and several other platforms, the organization has worked hard to get results.

Less visibly but at least as important, the MPAA uses its influence to lobby lawmakers, while orchestrating and managing anti-piracy campaigns both in the United States and abroad.







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