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June 4, 2023 by Luke Bouma [Cord Cutters News]
The impact of piracy has been debated for some time. Now the United State Chamber of Commerce, an independent group, claims that video piracy from services like IPTV companies causes $115.3 billion in damages to the GDP and 560,000 lot jobs every year. This comes from a report over at TorrentFreak.
This comes as the United States government has announced plans to hold a round table event this fall to look at ways to stop video piracy.
So what are IPTV services? In short, an IPTV service is an illegal live TV streaming service promising to give you all the big networks like ESPN but for a fraction of the cost of legal services.
The exact damage caused by IPTV services is unknown but the damage is real.
Read more on Cord Cutters News...
The impact of piracy has been debated for some time. Now the United State Chamber of Commerce, an independent group, claims that video piracy from services like IPTV companies causes $115.3 billion in damages to the GDP and 560,000 lot jobs every year. This comes from a report over at TorrentFreak.
This comes as the United States government has announced plans to hold a round table event this fall to look at ways to stop video piracy.
So what are IPTV services? In short, an IPTV service is an illegal live TV streaming service promising to give you all the big networks like ESPN but for a fraction of the cost of legal services.
The exact damage caused by IPTV services is unknown but the damage is real.
Read more on Cord Cutters News...