Media producing companies that have no way of safeguarding their revenue stream would like the technical threshold for copying to be at least a minor deterrent, because otherwise people have no incentive to pay them; many many people are in fact OK with being freeloaders.

I'm so sick of seeing Game of Thrones offered as the standard example. Sure, HBO has more more money than any of us would know what to do with. I, on the other hand, make my living working on films with budgets that only amount to a few hundreds of thousands of dollars, and believe me that does not go very far - the lower cost of digital vs. celluloid film is only one line item in the production process, whereas you still have to pay for locations, costumes, props, housing, transport, food, lighting, and a whole bunch of other things before you even get to handing out any wages.

It's very, very hard to monetize a low-budget film. And there's constant downward pressure on production budgets, because indie films don't usually have fat box-office payoffs, and instead depend on small-scale releases in festivals and the art-house cinema circuit, followed by (you hope) some international box office and (you really hope) a long tail of DVD/streaming sales. And that long tail is highly vulnerable to piracy, and the existence of piracy is a big deterrent to investors.

So when you're saying Big Studio makes enough money with their latest superhero franchise movie, or HBO makes enough money with their huge base of cable subscriptions, and so you don't feel bad about pirating Superhero 4 or Game of Thrones well sure, I understand that - none of the producers are in any danger of losing their shirts, everyone on the cast and crew got paid handsomely at the fairly generous rates their guilds/unions have negotiated over the years, and the shareholders still make plenty of money and get a nice dividend check every quarter.

On the other hand, lots of smaller content providers are getting fucked financially because it's a lot harder to answer the question of 'how will investors make their money back?' than it was a few years ago. So spare me the stereotypes of evil media barons trying to stop the brave plucky technological underdogs. That same technology is also massively disruptive to creative professionals and small businesses that work outside the Big Media tent, and actively hinders their ability to make a living.