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DRM doesn't stop the main piracy that loses money for the record companies. Large-scale bootleg CDs are much more of a threat than an individual format shifting the content they legally purchased. With many bootleg CDs, unless you a very careful and know what to look for, it is extremely easy to wind up buying one of the illegitimate CDs masquerading as a legit CD. And such a sale puts exactly 0.00% of the price into the hands of the people that should be getting money for it and 100% into the hands of the bootleg producers and distributors.
DRM is all about the music industry attempting to control what you do with the content they provided for you. If the content were able to be tightly locked, they could sell you a CD or similar media for you to play at home, and then sell you the same content again for you to place on your portable player. If they could have their way, they would have a leakproof pipe from their studios to your brain and would be able to charge you a pay-per-play fee (and perhaps something like a monthly flat fee for "all you can eat" or some predetermined number of plays in that month).
A similar problem is the whole Trusted Computing thing. Trusted by who? Why, the content producers, including major software companies, of course. They want to control what people are allowed to do with their own computers. They'd like to be able to say "You can't run that ripping program" or "You can run that simple media player". This is just wrong. For one, it will stop all hobbyist programmers from doing anything, as their custom programs will not be certified as trusted.Thad Ward, 11 years ago.