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BRUSSELS The ready availability of pirated material is largely to blame for a slowdown in the film, television and music industries after years of uninterrupted growth, according to the Organization for Economic Co-operation and Development.
In a 400-page report on counterfeiting and piracy published Monday, the Paris-based OECD—which represents the world’s 30 richest nations—notes declining royalties, a drop in the number of performers kept under contract and job losses in the entertainment industry’s production, manufacturing and retailing arms.
“The
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