To the best of my recollection the <i>bulk</i> of demand from paying customers for pirated live streaming comes from the live sports market.<p><pre><code> Eurojust, the European Agency for Criminal Justice Cooperation, estimated that the operation — one of the world’s largest illegal streaming services — generated revenues of roughly €3bn a year and caused combined damages of more than €10bn to the affected broadcast companies.
“The rate of profit you get from these illegal activities with lower risk is equivalent to that of cocaine trafficking,” Francesco Curcio, the criminal prosecutor who led the investigation, told reporters.
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Gives an indication of the scale of annual profits for broadcasting boxing, soccer, horse racing, etc. bearing in mind that siphoning away some €10bn of <i>potential</i> income for broadcasters and clubs and illegally selling that for €3bn hasn't put the primaries out of business (although they are actively gatekeeping what they regard as "theirs").<p>( <i>potential</i> stressed as it's claimed that had "customers" not been paying pirates <i>less</i> then they would, of course, be paying media barons <i>more</i> for the same .. which is not always the case in reality )