The impact of piracy on the film industry cannot be overstated. When movies are downloaded for free, the filmmakers and producers lose out on revenue that could have been earned through legitimate channels. This loss of revenue can have a ripple effect on the entire industry, affecting not just the filmmakers but also the actors, technicians, and other workers who are employed in the industry.
According to a report by the Film Federation of India, the Indian film industry loses over ₹ 2,000 crore annually due to piracy. This is a staggering amount that could have been used to fund new projects, employ more people, and promote Indian cinema globally.
The film industry must also take proactive steps to promote legitimate channels of distribution. This can include offering movies at affordable prices, creating platforms for streaming and downloading movies, and promoting awareness about the dangers of piracy.
The government, the film industry, and audiences must join hands to combat piracy. The government has taken steps to curb piracy, including the introduction of the Copyright Amendment Act, 2012, which makes it a punishable offense to upload or download copyrighted content without permission.
Another issue with Ibomma and other piracy websites is that they often compromise on the quality of content. The movies available on these websites are often low-resolution, with poor sound and video quality. This not only affects the viewing experience but also reflects poorly on the film industry as a whole.