Video piracy – the copying and selling copyrighted content - has been around since the advent of the VHS tape and home video recording in 1979. Today, video piracy has shifted from pirated set-top boxes to content redistribution over broadband networks, ABI Research noted Nov. 9. The most common forms of piracy today include illegal fully-loaded Kodi boxes, social network live streams, torrents of exclusive series or movies, web-based redistribution via file lockers, and password sharing. Service providers lose US$6 to US$8 billion annually in revenue to piracy.
Read MoreRevenues lost to online piracy will nearly double between 2016 and 2022 to $51.6 billion, according to the Online TV Piracy Forecasts report. Covering 138 countries, these forecasts include revenues lost to TV episodes and movies – but not other sectors such as sports or pay TV.
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