Journal publication referenced in video:
Sarah J. Frick, Deborah Fletcher, Austin C. Smith, Pirate and chill: The effect of netflix on illegal streaming, Journal of Economic Behavior & Organization, Volume 209, 2023, Pages 334-347, ISSN 0167-2681, https://doi.org/10.1016/j.jebo.2023.03.013. (https://www.sciencedirect.com/science/article/pii/S0167268123000793) Abstract: Over 188 million people in the United States use a subscription video streaming service, yet digital piracy remains prevalent and costs the U.S. economy an estimated $29.2 billion annually. This paper investigates the relationship between a movie’s availability on Netflix, the largest video subscription service, and intent to illegally stream the movie. We leverage a contract dispute that caused Epix (a cable network company) to move all its movies from Netflix to Hulu, representing a substantial decrease in the legal streaming availability of these movies. Using a difference-in-differences design, we find that reducing legal streaming access via the removal of Epix movies from Netflix results in a 20% increase in piracy intent relative to movies that remained on Netflix, as measured by Google search volume. This study contributes to the understanding of the substitution between legal streaming services and movie piracy and has implications for content owners deciding what platform to offer their movie on. Keywords: Piracy; Online streaming; Digital goods; Netflix; Google searches
Bandcamp solves all problems - you buy the CD as before, but digitally, including lossless FLAC, like 90% goes to the artist or their small label instead of Sony or Universal or Spotify, you can download the album or stream it with the app. It’s good enough for me that I only store the files for backup and use the app for listening to most of my recent music purchases.