Exogenous variation comes from the unexpected shutdown of the popular file hosting platform Megaupload.com on January 19, 2012. The estimation strategy is based on a quasi difference-in-differences approach. We compare box office revenues before and after the shutdown to a matched control group of movies unaffected by the shutdown. We find that the shutdown had Read more about Piracy and Movie Revenues: Box office sales went down after they closed MegaUpload[…]

Evidence has emerged showing the Department of Homeland Security served a search warrant on Mr Dotcom’s file-sharing company Megaupload in 2010 which he claims forced it to preserve pirated movies found in an unrelated piracy investigation. The 39 files were identified during an investigation into the NinjaVideo website, which had used Megaupload’s cloud storage to Read more about Megaupload framed by FBI claims Kim Dotcom[…]