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Trouble in Movie City

Global piracy cost Los Angeles County manufacturers an estimated $5.2 billion in 2005, according to the Los Angeles County Economic Development Corp.

By CSO Contributor

April 17, 2007CSO

Global piracy cost Los Angeles County manufacturers an estimated $5.2 billion in 2005, according to the Los Angeles County Economic Development Corp. Trade in pirated goods diverted another $2 billion from the region's retail sector. Heres a breakdown of 2005 losses in millions of dollars due to counterfeiting in the area.

Movie production $2,748

Sound recording $851

Apparel, accessories, footwear $617

Software publishing $355

Dolls, toys, games $275

Drugs $132

Aerospace parts, equipment $89

Athletic goods $74

Auto parts $38

Source: Los Angeles County Economic Development Corp., Feb. 2007 report

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