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November 21, 2006

How illegal distribution created an $80 billion market

Anime hit it big outside Japan, due, in large part, to becoming an underground phenomenon:

The global sales of Japan's animation industry reached an astonishing $80 billion in 2004, 10 times what they were a decade before. It has won this worldwide success in part because Japanese media companies paid little attention to the kinds of grassroots activities — call it piracy, unauthorized duplication and circulation, or simply file-sharing — that American media companies seem so determined to shut down. Much of the risk of entering Western markets and many of the costs of experimentation and promotion were borne by dedicated consumers.

Posted by Nicholas at November 21, 2006 01:07 PM
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