this post was submitted on 05 Jul 2025
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
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This is all too vague to actually understand the effect of piracy. The economic impact depends how much piracy replaces actual purchases.
When I was a teenager, I would pirate a lot of music. At the time, I had very little money to spend. This copying did not replace any purchases. On the other hand, me not buying music right now is a lost purchase since I could spend money. That's why I spend some money every month actually buying music from bandcamp or whatever, which offsets the revenue that the musicians would otherwise lose.
Also, if the artist has other revenue streams, it doesn't matter as much. Musicians for example don't make a lot of money off of streaming nowadays, and a lot of their revenue comes from merch and concert tickets etc. So if you spend money there, copying doesn't really bankrupt the artist.
Of course each type of media has slightly different mechanics, but in general there are a lot of ways you can do piracy without really undermining the business model of the artists. And very rarely are the effects the same as for theft.