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Who’s killing Hollywood?

p2pnet.net News:- Who’s Killing The Great American TV Network and Hollywood Studio?

Industry insiders would have us believe file sharing is the culprit, not the mediocre slew of rehashed, formulaic twaddle broadcast on the tube and overcharged for in cinemas. Nothing could be further from the truth, a new survey by the NPD Group suggests.

It’s said the majority of worldwide internet traffic is being hogged and bogged down by so-called ‘illegal file sharing’ of major Hollywood films and TV shows, but a recent study shows this isn’t the case.

In 2006, the NPD monitored the filesharing habits of 12,500 US households (with permission to install NPD’s proprietary tracking software. Households are weighted and projected to reflect the Internet population.), and found only 20% of videos downloaded through a free filesharing network were of TV show content, and a mere 5% consisted of mainstream movie content.

The bulk (60%) of downloaded video files through free p2p networks were of adult-film content. [Feel free to add your own punch line here.]

It found while 8% of regular internet users in the US downloaded at least one video (10MB+) from a free network in the third quarter of 2006, paid video downloads also picked up considerably, with Apple’s iTunes leading the market – 1.2 million US households paid for video downloads in Q3, nine out of ten video purchases were made from iTunes.

“Paid usage could double or triple within the next year as more content comes online,”said the NPD.

In another survey, it found children have never been more ‘tech-savvy’ than they are today, with 25% of ages 2-14 regularly watching downloaded or streamed video content.

“By the time kids are 7 years old, more than one in 10 are downloading content in some form, with 22 percent downloading at age 10 and 50 percent downloading at age 14.” And, “most kids are paying for each type of content. For example, 70 percent of PDMP (portable digital music players) users are paying for content; as are 55 percent of computer users, 67 percent of cell phone users and 87 percent of video game system users.”

So just who is killing the Great American TV Network and Hollywood Studio, if it isn’t filesharers?

Could it be…Satan?

Or is it just suicide?

catflap – p2pnet

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2 Responses to “Who’s killing Hollywood?”

  1. Reader's Write Says:

    I wonder what the adult film industry thinks of file sharing, as it is affecting their business the most?

  2. Reader's Write Says:

    Yet the adult film industry doing well. Their success affected the success of VHS and they are likely to affect the Bluray-vs-HDDVD format war.

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