Grokster Preview: Piracy v. Spending

Katherine Kirkman, of Wilson Sonsini Goodrich & Rosati and the Silicon Valley Media Law Blog has this post on Grokster:

The BSA brief notes that it has both compelling interests in copyright protection as well as in technological innovation. It cites the estimated annual piracy figures of $7.2 billion in the content industry and $32 billion in the software industry. However it contextualizes these losses by comparing them to the $500 billion that the Department of Commerce estimates is spent annually on IT hardware and software procurement in the U.S., and to the $1 trillion in annual sales of U.S. information technology companies and their overseas affiliates.

Excerpted from Tech industry weighs in on Grokster.