It is beyond my understanding how, even after so long, with so many people pointing out that the emperor has no clothes, the big media companies are still able to claim that every download is a lost sale and that illegal downloads are destroying music/movies/books/their-ability-to-make-billions-off-their-artists.
Well, that last one might be true.
The bottom line is, or at least should be, that not business model has any intrinsic ‘right’ to succeed. If the market changes, and it certainly has changed, and your business model no longer works to make you money then you need to adapt.
And yes, I am aware that convincing governments to pass laws making your business model sacrosanct and then having your customers arrested, charged in civil suits, and forced to give you money is in fact adapting. It might be better to adapt into something with a bit more long term survival.
If you keep biting the masses, eventually they’ll bite back.