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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Internet piracy taking big toll on jobs Reuters - Thursday, March 18 Send IM Story Print By Sangeeta Shastry BRUSSELS - Plenty of people download music from the Internet every day, but illegal downloading has a huge economic impact and could put more than one million people out of work by 2015, experts say. A study into Internet piracy by a Paris-based consultancy published on Wednesday showed that 1.2 million jobs in the European Union could be lost over the next five years if more is not done to clamp down on illegal downloading. The study by TERA Consultants for the International Chamber of Commerce focused on piracy in Europe's music, film, television and software industries. Those industries generated 860 billion euros and employed 14.4 million people in 2008. But in the same year, 10 billion euros and 186,000 jobs were lost to piracy, the study found. If that trend continues -- and the rapid increase in illegal downloads and advancing piracy techniques suggest it will -- then up to 1.2 million jobs and 240 billion euros worth of European commerce could be wiped out by 2015. "In the near future and even today in 2010, we observe increasing bandwidth, increasing penetration rate in terms of the Internet," said TERA Consultant's Patrice Geoffron, explaining that piracy was only likely to escalate. "If we combine all those elements, obviously the impact in a few years won't remain stable compared to what it was in 2008." ARTISTS SUFFER The bulk of illegal downloading targets music, television and video sites, with consumers using "peer-to-peer" formats to download songs and video clips onto their laptops and home computers from websites without paying a fee. In that respect it has a disproportionate impact on the creative industries, with musicians, actors and artists standing to lose the most from unfettered downloading, experts say. Agnete Haaland, the president of the International Actors' Federation, believes consumers need to be made more aware of the damaging economic and social impact of their illegal activity. "We should change the word piracy," she told reporters at the unveiling of the report on Wednesday. "To me, piracy is something adventurous, it makes you think about Johnny Depp. We all want to be a bit like Johnny Depp. But we're talking about a criminal act. We're talking about making it impossible to make a living from what you do," she said. Haaland, whose group supported the study, said one of the best ways to reverse the situation would be stricter EU legislation to enforce existing laws against piracy. "The European Union should really lead the way and fill the important gap in the body of laws," she said. "Consumers have to understand that there will be nothing to consume if it's impossible to make money making the content." Marielle Gallo, a member of the European Parliament who is pushing for tighter laws on intellectual property, said the report showed how much damage could be done to industry. But she said it would be tough to secure passage of stricter rules as several parliamentary groups are strongly opposed. Recommend Send IM Story Print Related Articles Yahoo! buys Citizen Sports AFP - 2 hours 14 minutes ago US-TECH Summary Reuters - 2 hours 34 minutes ago Cybersecurity bill introduced in Senate Reuters - 2 hours 35 minutes ago Documents detail US law enforcement use of social networks AFP - Thursday, March 18 Internet piracy taking big toll on jobs Reuters - Thursday, March 18 News Search Top Stories Europe shames its major powers over debts Europe hammers deficit bingers Greece warns it might revive IMF rescue option Caracas weeps for its dead after bloody weekend EU criticises 'optimistic' national budgets More Top Stories » Related Full Coverage Internet Portals & Search EnginesLatest development in the online world All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Shell says will slash another 1,000 jobs by 2011 Kate Winslet and director husband Mendes split Post-heart attack fatalities higher in women than men: study Fed maintains low rates, upgrades view on US economy British ads banned over climate change claims More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Experts confirm asteroid wiped out the dinosaurs 'Britain's Fritzl' raped daughters for over 25yrs Florida killer whale to stay in park after deadly attack Researchers back cancer-fighting properties of papaya More Most Recommended » Elsewhere on Yahoo! 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