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Meganomics

January 24, 2012

Joe Karaganis has a must-read post on the piracy figures involving Megaupload, as he persuasively argues that the profitability of piracy on cloud storage sites is massively overstated.

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Joe says:
January 24, 2012 at 12:54 pm

Great article but it could stress more that many of these sites do have operating costs as far as hosting their sites. A lot of smaller sites end up breaking even once their “revenue” is applied to their costs.