Being the very best does bring a lot of glory in any field, but it is indeed accompanied by a burden, a lot of it. And if we talk about the Capitalist Devil’s red and black brand, it is indeed sitting at the pinnacle of OTT streaming.
But some reports talking about the pirated shows came out, and it seems like Netflix won the battle.
In the top 10 list, there are NO SHOWS BY NETFLIX! Quite an amusing fact as “The Last Of Us” topped the charts. There were three shows by Apple TV, one by Amazon Prime (Gen V), and one by Paramount.
Disney came out as the biggest sufferer of this practice as four of their biggest shows from two of their most precious franchises clogged the list from the second spot to the fifth spot.
Now comes the question, why did Netflix become so impermeable regarding piracy?
Even last year, they had “Stranger Things” on the list, and in 2021, “The Witcher” was on the third spot.
One of the most prominent reasons is people’s accessibility to Netflix. Netflix is definitely not the cheapest option, but with such a vast library, if most people seek an OTT option, they opt for Netflix as their primary choice.
Secondly, the recent addition of the ad-supported tier helped the platform to drop the price down and made it a more worthy choice for many viewers. Also, the brand name does matter a lot. Through the years and attempts to ‘revolutionize’ the industry, it has become people’s primary choice.
Digital video piracy takes a hefty toll on the US economy, ranging from $29.2 to $71 billion annually. An alarming statistic reveals that a staggering 126.7 billion viewings of US-produced TV episodes are pirated each year. This pervasive issue underscores the substantial economic impact of piracy on the entertainment industry.
While the data may not be exhaustive, it provides valuable insights into the industry’s challenges, primarily centered around one website. Despite these concerns, there’s a silver lining – Netflix is actively combating these issues and appears to be making significant strides, suggesting a positive outlook for the industry.
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