This example is a good demonstration of my point: when the copyrighted digital work is not made artificially scarce, it is worthless.
Prior to digital copying, that scarcity was not artificial; it actually cost people money to copy and distribute things and those people more often than not were trying to see what they copied.
Someone was distributing that movie for free because the movie did not have value in a market.
Someone was distributing that movie for free because the movie did not have value in a market.