Colombia warns about online piracy

The Colombian Government lost more than USD 200 million in 2017 due to online piracy and sub-reporting, according to data unveiled by representatives of The Alliance Against Pay TV Piracy, the Attorney General’s Office, the Superintendence of Industry and Commerce (SIC) and the National Television Authority (ANTV).
Specifically, Colombia lost USD 184 million for taxes and USD 35 million for regulatory fees, the executives said at Andinacom 2018, according to La República newspaper. These figures exceed by 50% the annual income of the Fontv (Fund for the Development of Television and Content) in 2016.
The executives also said that last year there were five million subscribers who were not reported to the ANTV. According to this body, in 2017 Colombia had 5.8 million pay TV subscribers. However, the quality of life survey of the National Administrative Department of Statistics (Dane) revealed that there were more than 11 million.
The scourge of piracy extends throughout the region. In Latin America, it represents USD 1.2 billion in annual tax evasion and USD 6.9 billion in annual losses for operators and TV networks.