Manga Marked $800 Million Loss From Piracy in One Month, New Date Reveals
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If you are familiar with the manga industry, you have had some sort of run-in with piracy. Not the fun kind, mind you – not the kind we see in One Piece and the like. No, piracy has plagued the manga industry for years, and the endemic issue is just getting worse. As technology grows, manga piracy booms with it, and now the losses are racking up. After all, a new report reveals the manga industry took a $800 million hit in one month this year, and the huge blow is only going to become more common.
The whole report comes courtesy of ABJ, a large anti-piracy group from Japan titled Authorized Books of Japan. In the past year or so, the group has made global efforts to raise awareness of piracy and its negative impact on the publishing industry. Last month, the group ran adverts in publications like New York Times, Le Monde, and more. The public pitch was created to thank fans who read official manga translations, and ABJ wanted to give thanks as May 2024 was a horrific month as far as losses went for the industry.
After all, the month of May marked a whopping $800 million loss for the manga industry. The staggering hit comes from English-language piracy platforms alone, so you can imagine how big the problem is when you think about non-English sites.
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