Illegal streaming costs the UK economy £1.35 billion yearly

Illegal streaming costs the United Kingdom economy one point three five billion pounds annually, according to research commissioned by BeStreamWise.

“Illegal streaming costs the United Kingdom economy one point three five billion pounds annually, according to research commissioned by BeStreamWise. The report equates that loss to more than ten thousand missing jobs across sport, film, television and their supporting industries. It also estimates three hundred sixty-six million pounds in lost tax receipts, turning piracy into a public-finance issue. For rights owners and broadcasters, the figures strengthen demands for faster enforcement across platforms, payment providers and illicit distribution networks.”