Back when I was a kid, to get an eye-popping collection of musical talent like P Diddy, Alicia Keys, Snoop Dogg, Chris Brown, Kanye West, Lil John, Jamie Foxx, Mary J Blige, The Game and Will.

According to the Recording Industry Association of America (RIAA) and the Motion Picture Association of America (MPAA), they are losing a million bajillion dollars every day from media piracy, and it is killing their industry.

It's a jolting figure: the US music industry is making less than half of what it made at its 1999 peak of $14.

Here's a fun fact about media piracy: nobody knows how much it actually costs the entertainment industry. But we do know that the MPAA released a report rife with what they claim were mistakes, and that the claims of losses are rife with assumptions and inaccuracies.