A 2005 study by the Motion Picture Association of America claimed that illegal downloads from college students accounted for an enormous 44 per cent of the industry's domestic losses. Now the MPAA admits the figure was inflated just a wee bit as result of "isolated error" in the methodology. College kids are actually only responsible for about...15 per cent of lost revenue, according to its upcoming report.
"We take this error very seriously and have taken strong and immediate action to both investigate the root cause of this problem as well as to substantiate the accuracy of the latest report," said the organization in a statement today.
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