I’m not saying that piracy, as a general concept, results in zero losses for a company. There are people who would have paid to see a thing, who won’t thanks to piracy. I am saying that there is also a ton of stuff I would never pay to see, but would happily watch if it were free. Having some interest in a thing isn’t the same as being willing to pay for it.

Hell, there’s also stuff that I saw thanks to piracy that I wound up liking so much I went back and paid for a copy. In that sense, companies can make money through piracy. The point is that piracy isn’t taking something like theft is, it’s copying something.