So there should be a welcome for a big piece of research into piracy sites and how they are funded. This study was undertaken by the security firm Detica on behalf of two organisations which might not seem natural bedfellows, Google and PRS for Music, which represents songwriters. And what it shows is exactly what you might have suspected – that piracy is big business. The study identifies six different business models for online copyright infringement, and finds that advertising and subscription are very professionally integrated into many of the sites. Often, you will see the logos of well-known payment services on sites. Read the full story at BBC.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications, co-founder of Metacademy, and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and his latest book, Blockchain - Cryptocurrency, NFTs & Smart Contracts: An executive guide to the world of decentralized finance, is an Amazon #1 Bestseller. Follow @shellypalmer or visit shellypalmer.com.