Study: Portugal loses €200m a year due to piracy

Portugal is losing an estimated €200 million annually due to piracy, according to figures made public by the Secretary of State for Youth and Sport, Diogo Nabais.

Speaking during a webinar organised by the Portuguese Professional Football League, he said that the country’s audiovisual sector loses around €140 million per year, while the remaining €60 million are related to lost state revenue, such as taxes and VAT.

Source: Study: Portugal loses €200m a year due to piracy