While I’m all for piracy (obviously), there’s always a choice. Decades ago when cable was going through this, TV was at the center of culture and absolutely everyone watched it.

That’s just not true anymore. Even aside from piracy, they have to compete for people’s time and attention with videogames, social media, and all sorts of other internet-based entertainment. I suspect a lot of the executives making these decisions don’t realize this - they think it’s still 20 years ago when having some of your biggest shows on your channel guaranteed a big audience. If they squeeze too hard people will just spend their time with other sorts of entertainment.

I think that the publishing industry is a good comparison - look at where it is now. It still produces stuff but its cultural relevance is a pale shadow of what it once was and its margins are razor-thin because few people are going to pay a premium even for a bestseller. I think that that’s the long-term fate of TV and movies, especially as the generation that was weened on them dies off and a new generation that watched much less growing up comes of age.