Vitale and others suggest that losing audience to sites like Pirate Bay has become a factor in the declining number of studio films produced each year, a trend that is now evident in the independent film business.
“Vitale attributed the falloff to piracy-driven problems that have made it more difficult to finance an independent film by selling rights to foreign territories, where viewers flock to poorly controlled pirate sites, bypassing conventional outlets and the revenue they once provided to finance films,” notes the article.
CreativeFuture was founded in 2011 by CBS, Warner Bros. and several entertainment unions with the intent of providing Hollywood’s antipiracy efforts with a public face besides that of the MPAA (often viewed as an alliance of corporate heavyweights). CreativeFuture’s backers now include Killer Films, producer Lorenzo di Bonaventura, and talent reps such as Creative Artists Agency and William Morris Endeavor Entertainment.
See the full story here: http://www.nytimes.com/2014/03/31/business/media/hollywoods-antipiracy-efforts-add-new-voice.html?_r=0