>Netflix AND the studios would go out of business in no time without the ability to protect their work This is literally precisely what the music industry said

>Netflix AND the studios would go out of business in no time without the ability to protect their work This is literally precisely what the music industry said. Repeatedly and ever more loudly as Apple in particular turned the screws. And then they did away with all DRM on buying digital music. Oh, turns out that was all a pile of bullshit, they didn't go out of business, and their motivation for DRM was not piracy but rather control. Their dream was to repeat the format change gold mine, where they could resell the same content over and over again. But in terms of selling once nope, DRM-free was no problem.