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The effects of online movie piracy are far-reaching and devastating. The entertainment industry, including filmmakers, producers, and distributors, suffers significant financial losses due to piracy. According to a report by the International Federation of the Phonographic Industry (IFPI), the global music industry lost over $29 billion in 2019 due to piracy. Similarly, the film industry also faces substantial losses, with estimates suggesting that piracy costs the industry over $40 billion annually.

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