Piracy and Lost Profits….

Not long ago, the Greek Police he said the arrest of those responsible for an illegal IPTV business that caused losses of more than 100 million euros to television stations.

According to the announcement, over eight years, those involved earned more than 25 million euros, laundered money through a network of companies, and invested in real estate. Ten men were arrested and twelve cars plus 100 thousand euros in cash were seized.

piracy money

On the other hand, many Greek fans of sports and movies complain about the high cost of the official subscription television packages offered by the local broadcasters.

For many consumers, the solution to these problems can be found in cheap but illegal pirated IPTV subscriptions. THE until today he does his best to block illegal streaming services so that TV , such as Nova and the , to be able to earn from their investment.

After an investigation by the Security Directorate of Patras, EL.AS reported that the disbanded group allegedly caused losses of more than 100 million euros to the television companies Cosmote, Nova and Vodafone.

However, no one told us anything about how to calculate these damages.

It seems funny why companies present this money as lost profits, a case that could not stand if it were not for piracy. Which of these mathematicians knows whether the audience using pirated channels could have been a subscription customer on a basic salary?

When Cosmote and Nova charge 40-50 euros per month for unlimited mobile connections, isn't there a profit? If you now have a package with this price and you try to change provider, the price can automatically be halved, or even less than half.

We say no to piracy but at the same time we should think about whether these companies operate legitimately or illegally, with a legal cover that does support free trade, but with the luxury of having 2-3 big providers who set prices as they see fit.

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Written by giorgos

George still wonders what he's doing here ...

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