from the bottom-line dept.
As the MPAA tells it, piracy is really killing the movie industry. It's been whining about piracy for basically my entire lifetime, and constantly predicting its own demise if "something" is not done. And, despite the fact that Congress has repeatedly obliged Hollywood in ratcheting up copyright anti-piracy laws and despite the fact that the MPAA has been clearly wrong repeatedly (such that the new technologies it feared actually helped expand Hollywood's business), the studios continue to push for awful changes to copyright law, citing the horrors of piracy.
And yet... now it's coming out that Disney not only had a good year last year, it had the best year ever for a movie studio. Not surprisingly, Disney put out its own glowing press release over this:
[Also Covered By]: Disney made more money in a single year than any other movie studio—ever