Googling 'Crash Bandicoot torrent' turns up 1.5 million hits. With various emulators for the PC and torrents for the PSP. Just a quick search of two torrent sites shows the game as being downloaded nearly 50k times, with some of the download links only being posted a few weeks ago.
It may well have lost them millions, the game could well have been pirated for over the past 10 years now.
No idea of the rough math, but what would it need? 300k pirated copies over 10 years at an average selling price of $10 to make a loss of $3m in revenue? Doesn't seem outside the realms of possibility to me at all. That's covering all 4 Crash games which were big sellers. (They're also still selling, I think I've bought the game 3 times now.) Then there's also the 4 Jax games.
