Last night a friend was telling me about a report he had seen that went into the damages that downloading / torrenting movies was doing to the movie industry. The report stated that it wasn't hurting the Movie Star as much as it was hurting the little guy, the sound designer, the key grip, etc. With less money coming in from theatre / DVD sales there was less money to produce new films. It made perfect sense and seems quite believable.

However, turns out that might just be a bunch of MPAA propaganda. This article goes into some of the specifics of that very report and exposes them as being rather false. Hollywood isn't making fewer films, nor is it making less money. All and all, I suggest reading this and weighing both sides opinion.