I despise DRM as much as the next guy, but its existence makes perfect sense. The moment someone explains to a C level at a studio how easily the content could

I despise DRM as much as the next guy, but its existence makes perfect sense. The moment someone explains to a C level at a studio how easily the content could "leak" from a site without it, it's out of the question to not have it. As the parent poster implied, yes it's security theatre to a large extent, but it does block the very easiest forms of content sharing (i.e. just sharing the video manifest or simply saving segments). Regarding purchases and licensing, those are still stuck in the same business model and pricing as in the analogue days, this is true. But saying overall consumer prices are the same is ridiculous, since all-you-can-eat content subscriptions is a massive transition with no comparable offerings in the analogue past. If you want to culturally enrich people, there has never been a better time to consume huge amounts of quality stuff for barely any money.