A couple of Wellesley professors say their research shows the closing of major online piracy websites added 6% to 10% to online revenue for movie studios - a mark that is higher than what analysts factored in for the effect. Though it's major studios such as Sony (NYSE:SNE), Disney (NYSE:DIS), Viacom (NASDAQ:VIAB), and Lions Gate (LGF) which have done most of the heavy lifting in the anti-piracy fight - the trend toward legitimate movie viewing isn't half-bad for Coinstar (NASDAQ:CSTR) or Netflix (NASDAQ:NFLX) either.
A couple of Wellesley professors say their research shows the closing of major online piracy...
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