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First, piracy directly reduces box office and home media revenues. When a high-quality pirated copy leaks before or shortly after a film's release, potential ticket buyers may opt for the free version. A 2019 study by the U.S. Chamber of Commerce estimated that online video piracy costs the American economy at least $29 billion annually in lost revenue. For major franchises, this loss is substantial, but for independent films with limited marketing budgets, it can be catastrophic, preventing recoupment of production costs and discouraging future investments.

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If you are trying to find the specific content this string refers to, you can use these methods: First, piracy directly reduces box office and home

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