After spending 10 years in the industry, here are my (personal) conclusions.
The most money is being made by people who steal and exploit other people's work (piracy, content, etc). And while at it, they do a great job in convincing all of you that they offer you freedom, and free stuff and whatnot.
It's very easy to talk about "freedom", when you are no longer "free" to steal other people's work and make a ton of money while at it. And also get to look good.
I don't look good. I charge you for my games.
They will give you my games for free. They offer you true freedom. Except they will probably charge you for bandwidth, put up ads, etc.
Let me give you a more specific example.
I break into your house and steal your $299 XBox.
I then sell it for $19 to some guy along with a message: "Hey, I am giving you dirt cheap consoles".
When "legislation is being passed" and I can no longer earn my $19, then I start lobbying around about freedom and whatnot.
What freedom are you being denied?
You can always come to this forums (and countless more) and post your opinion on anything and discuss with fellow forum members.
They only case where I or someone else will intervene against you, is when you break a law.
Why MegaUpload was shutdown?
Let me tell you something.
I pay $5 / month to be able to use 30Gb of unrestricted and advertisement free online storage space.
I can do backups, sync data among my devices or even send you a link to download a 30Gb file I want to share with you as long as it's legal.
The difference between online theft and reallife theft is that online, you won't see anything "missing" from your "home"