Copyright contributes $1 trillion to US economy

For the first time, the core copyright industries added over $1 trillion in value to the US economy in a single year, accounting for almost 6.5 per cent of the total US GDP, according to a new study conducted by the International Intellectual Property Alliance (IIPA).

The study tracks the economic impact and contributions of US industries creating, producing, distributing, broadcasting or exhibiting copyright materials, including computer software, videogames, books, newspapers, periodicals and journals, motion pictures, music, and radio and television programming. In other key findings for 2012, the study concluded

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