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CN TECHIES
The Dark Side of Entertainment: How Piracy Costs India’s Media & Entertainment Industry Billions
Exploring the INR 224 Billion Loss Due to Piracy – Insights and Solutions for the Indian M&E Sector
This article breaks down the main contributors to these losses and explores strategies for combatting this growing threat.
Cybersecurity / Published on October 25, 2024
Picture this: A bustling cinema, a lively living room binge-watching session, or a smooth music stream on your favorite app. Behind every screen, however, lies an unseen battlefield—a place where digital pirates lurk, siphoning billions from India’s Media and Entertainment (M&E) industry.
The Reality Check In 2023 alone, India’s M&E sector faced an astonishing INR 224 billion in losses due to unchecked piracy. That’s not just a number; it’s a blow to the entire creative ecosystem, hitting artists, technicians, producers, and the fans who crave quality content. The Rob Report from EY and IAMAI is a groundbreaking look at the shocking breadth of media piracy, providing insights into both the audience’s mindset and the pirates’ sophisticated techniques. It’s clear: the battle against piracy demands unity and innovation.
How Pirates Thrive—and Why It’s Costing Us All Pirates have grown more cunning, mirroring legitimate platforms with startling accuracy. And they know their audience well. Low-cost, high-speed internet and cheap devices make pirated content attractive and easily accessible, while the lack of awareness around piracy's consequences only adds fuel to the fire. Piracy hurts more than revenue; it diminishes incentives for creators, threatens jobs, and undermines the industry’s growth.
Strategies for the Digital Battlefield How do we outsmart an invisible enemy? Here’s what industry experts recommend:
Cutting-Edge Technology : New technologies like AI-powered watermarking, real-time content monitoring, and encryption are helping to safeguard digital assets, making pirated content traceable and deterring would-be pirates.
Audience Education : Awareness is powerful. By helping consumers understand the impact of piracy and encouraging them to support legal channels, the industry can slowly chip away at the demand for pirated content.
Collaborative Defense : Just as pirates are unified, so must the defenders be. Collaboration between streaming services, regulatory bodies, and tech innovators like CN Techies is crucial for an effective anti-piracy response.
CN Techies’ Role At CN Techies, we’re not just on the frontlines; we’re innovating new ways to protect creators and the industry as a whole. With AI-driven solutions, cybersecurity expertise, and a commitment to empowering content creators, we’re ready to help bring piracy down for good.
The Final Frontier
India’s M&E sector is brimming with potential. But to protect its future, we must stand united. Together, let’s take a stand against piracy. Let’s make the choice to support authentic, quality content, for today and for generations to come.
Join the fight against piracy. Together, we can make a difference.
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