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 (SNE), Disney (DIS), Viacom (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 (CSTR) or Netflix (NFLX) either.
A couple of Wellesley professors say their research shows the closing of major online piracy...
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