Blockchain May Be The Missing Link For Video Protection [Forbes]
Fox Corporation - Class B (FOX)
Last fox corporation - class b earnings: 5/10 04:03 pm
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Source: Forbes
Getty Piracy is the main concern plaguing the digital distribution of media and entertainment. With consumer video-based traffic representing more than 80% of total internet traffic by 2021, online video piracy has skyrocketed. The film and television industry estimates nearly $52 billion in lost revenues by the year 2022, up from $31.8 billion in 2017, with the U.S. sustaining anticipated losses of $11.6 billion. Content creators are searching for ways to maintain control and ownership of video assets, while safely maximizing customer reach and monetizing the content effectively. However, the management and control of conditional access to video is complex. The farther a video gets from the content owner, the harder it becomes to enforce the copyright. This was illustrated last year, with the season seven premiere of Game of Thrones being illegally downloaded and streamed more than 90 million times within three days of it airing . So what
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