Friday, March 27, 2026
News

India's digital video sector could lose USD 2.4 billion by 2029 due to piracy despite presence of legal frameworks: Report

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | May 6, 2025 11:14:10 AM IST
If strong action is not taken, digital piracy could cost India's online video sector USD 2.4 billion in revenue and result in a loss of 158 million users by 2029, according to a joint report by Media Partners Asia (MPA), IP House, and the Confederation of Indian Industry (CII).

The report stated that the scale of digital piracy in India is already alarming. In 2024 alone, around 90 million users accessed pirated video content, leading to a revenue loss of approximately USD 1.2 billion.

This amount equals nearly 10 per cent of the legal video industry in the country.

The report said, "Without action, piracy could cost India's digital video sector USD 2.4 billion and 158M users by 2029."

If piracy continues unchecked, user numbers accessing illegal content could grow to 158 million by 2029, pushing cumulative losses to USD 2.4 billion and significantly holding back the growth of the legitimate digital video industry.

However, the report highlighted that with effective anti-piracy measures in place, the sector has the potential to recover. These interventions could help reclaim USD 1.1 billion in revenue, inject USD 0.5 billion into content creation, and generate 47,000 jobs by 2029.

A coordinated anti-piracy framework could also lead to the addition of 71 million new legal users, unlocking over USD 2 billion in incremental revenue and investment.

It said, "India's online video sector faces significant revenue and growth constraints due to unchecked digital piracy--targeted anti-piracy measures offer a clear path to recovery and reinvestment."

The report further suggested that these anti-piracy actions could create more than 158,000 new direct and indirect jobs between 2025 and 2029. Moreover, such initiatives would help ensure the sustainability of digital platforms and enhance their tax contributions.

Despite the growth and potential of India's online video sector, unchecked digital piracy poses a major challenge.

The report concludes that targeted anti-piracy strategies are not just about preventing losses but are a powerful tool for fostering long-term digital growth. These gains, it notes, are not speculative--they represent a direct recovery of value currently being lost to piracy.

It also added that despite the presence of legal frameworks such as the Copyright Act, the Cinematograph Act, and the Information Technology Act. These laws provide a range of civil and criminal remedies, including injunctions, damages, and criminal penalties.

However, there remains a lack of appetite by local and national enforcement bodies to better prioritise copyright enforcement (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Hisense Unveils Next-Generation Inverter...
OnePlus India Expands Service Network an...
A decade on, CSR spend zooms but priorit...
Hormuz disruption risks ripple across gl...
Hyderabad-Based RIBITTO Introduces Tech-...
Nippon Paint India Launches HERizons: A ...
More...
 
INDIA WORLD ASIA
Relief for Oil Marketing Companies as Go...
Sonia Gandhi's condition improves; disch...
'We are not self-reliant': Congress' Suk...
DAC likely to clear major deals for S-40...
Uttarakhand govt announces Rs 2 crore su...
ED files chargesheet against former RCom...
More...    
 
 Top Stories
MetaComp unveils Web2.5 VisionX Eng... 
How mason's daughter Monikha Sonowa... 
Sensex, Nifty slide over 2% amid bo... 
IIM Visakhapatnam invites applicati... 
OnePlus India Expands Service Netwo... 
Esports Nations Cup 2026 appoints N... 
RCB suffer big blow as Nuwan Thusha... 
EaseMyTrip, MSTC join hands to prov...