Piracy and Movie Revenues: Box office sales went down after they closed MegaUpload

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 a negative, yet insignificant effect on box office revenues

via Piracy and Movie Revenues: Evidence from Megaupload by Christian Peukert, Jörg Claussen :: SSRN.

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