12/31/2012 05:55 pm ET

Despite Complaints Of Piracy, Hollywood Brings In A Record $10 Billion In 2012

The MPAA tends to leave no opportunity unused in its quest to show that online piracy is devastating the movie industry. However, this supposed devastation is not visible at the box office this year. In 2012 North American movie theaters showed more movies than ever before, and for the first time in history domestic box office grosses surpassed $10.7 billion The new record comes in a year where two academic studies have shown that “piracy” isn’t necessarily hurting box office revenues .

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