Piracy offers: 1. Unrestricted access to an absolutely huge library of movies, music and TV shows, nearly unlimited. Certainly not limited by opaque "licensing deals" between various companies. 2. Highest resolution/bitrate/quality that was available at the time of the work's original release. 3. No arbitrary device/OS limitations. 4. Can watch/listen/download from any location on earth with sufficient bandwidth. I d…
Piracy also offers: 0. Ability to watch offline! 1. Ability to fix subtitle issues with minimal tweeks like change size or moving location. 1.2 Ability to get subtitles if they aren't offered (or offered in your language) 2. Ability to normalize audio. 3. Ability to buffer videos when on a poor connection. 4. Ability to create collections, organize, and track your movie as you wish 5. Arbitrary number of user account…
Copyright is a government-granted monopoly but the monopoly is hard to enforce. It works because most people actually want to support the creators, not because DRM is effective or anything like that.
So you have the uncommon situation in which a monopoly (the copyright holder) is operating in parallel to a competitive black market for content distribution (pirates). And then the competitive market -- even though it has to operate underground and makes hardly any profit -- provides the better experience.
Lesson for anyone who thinks market consolidation doesn't lead to consumer harm.