"Insofar as the quantity of new products is an indicator of the health of a cultural sector, the first decade of the new millennium was a veritable golden age in the United States. The number of new albums released more than doubled in the period, from 35,516 in 2000 to 79,695 in 2007 (Oberholzer-Gee and Strumpf 2009). The number of Hollywood films released ranged between 370 and 460 in the 1990 and between 450 and 928 in the 2000s, with the peak year in 2006 and some 677 produced in 2009 (MPAA 2006, 2010). Software industry growth has been dramatic, averaging 20%-30% annually until 2009. The video-game sector averaged nearly 17% growth between 2005 and 2008, with growth rates in 2007 and 2008 of 28% and 23% (Siweck 2010) According to the IIPA, the core copyright industries in the United States averaged 5.8% growth between 2003 and 2007 - well above the roughly 3% annual US growth rate in the period (Siwek 2009). According to the World Association of Newspapers and News Publishers, total media and entertainment spending posted an annual growth rate of 5.3% in the United States between 2002 and 2008 and 6.4% globally (WAN-IFRA 2008). Losses to piracy need to be placed in this context of overall industry growth - and in some cases remarkably rapid growth."
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Sources
Joe Karaganis, "Media Piracy in Emerging Economies", (2011), pp. 40-41.
https://en.wikiquote.org/wiki/Mass_media
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Mass media
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