‘The Expendables 3’ Leaked Online, Downloaded 200,000 Times

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By Douglas A. McIntyre Published
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According to several media reports, upcoming movie “The Expendables 3” has been “leaked” online and downloaded by at least 200,000 people using file sharing system BitTorrent. The movie’s production company, Nu Image, sued those who downloaded “The Expendables 3.” It is hard to imagine the suit will lead to any punishment. The ability to follow the film’s download process is likely to be hard. So sales of “The Expendables 3” will be undermined.

“The Expendables 3” and the two movies that precede it in the franchise are the brainchild of action actor Sylvester Stallone, who has to be among the oldest actors in his genre. It also stars again Mel Gibson, Jason Statham and Jet Li. The movie is being distributed by Lions Gate Entertainment Inc. (NYSE: LGF), which also stands to suffer from a drop in ticket sales due to the downloads. The film is scheduled to be released on August 5.

The franchise has performed well. According to Box Office Mojo, “The Expendables,” which was released on August 13, 2010, has had lifetime ticket sales of $103.1 million. “The Expendables 2” has lifetime ticket sales of $85 million. It was released on August 17, 2012.

TorrentFreak, an online site that tracks file sharing of video, reported:

Figures gathered by TorrentFreak reveal that more than 100,000 200,000 (update) people have downloaded the presumed “DVD screener” copy using BitTorrent alone, and at one point in excess of 65,000 users were engaged in transfers on a single torrent.

Also troubling, the site reported, the quality of the movie is very high. Most movies that are pirated are stolen after the movie is released.

The big payday that Sylvester Stallone and Lions Gate hoped for will likely be smaller than expected. And the pirating could set a precedent. Even if high-quality copies of films that have not been released are hard to come by, the public has no problem being part of the theft process. They know the odds they will be caught are low.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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