Switch hacked: unpatchable exploit is a security nightmare for Nintendo

[Jumpin]

Pemalite said:

Jumpin said:

* "Charging too much" only became a problem when piracy undermined the market.

Even in the 80's/90's before CD's became a thing, people complaining about the cost of an Album was a common occurrence.
As kids we used to make our own tapes by recording from the Radio... If the tapes weren't $30 AUD at the time and a more palatable $5... We would have probably bought significantly more.

Jumpin said:

The music industry's demise came about because of piracy after 2001.
The video industry began suffering the same fate a few years later, it has been down in total revenue year over year since 2004 in Europe and 2009 in the US.

False. The Music Industry's demise came about because they refused to change their business model to adapt to the new emerging demographics and consumption habits.

On the PC, piracy was a stupidly massive issue at one point... Then Steam happened, it not only made games more easily accessible thus driving the convenience factor, but they were cheaper and better supported.
The Music and Video industry's have fought that at every turn. Every. Single. Turn.

The Music industry's current situation is it's own fault.

Jumpin said:

The Console and mobile industries have avoided decline by avoiding piracy as much as possible: being more litigious and updating hardware, primarily.

Piracy has been in decline on the PC without excessive litigation and excessive updates to hardware though.

Piracy declined on PC because of a change in the nature of software changed: DRM, and the online nature of games, freemium, and microtransactions. In addition, there has been an increased risk and awareness of viruses when downloading any software on a piracy site.

You're going to have to substantiate your claims on "refused to change their business model" because you've given no reason to buy it. On the other hand, I can point to extensive piracy - https://www.cbsnews.com/news/poll-young-say-file-sharing-ok/ which states 58% of Americans participated in music piracy by 2003 which corresponds to the sudden drop in the music industry at this time. You're going to have to disprove that had any effect with more than an unsubstantiated statement.

The reason why home film industry took longer to hit decline is that of the larger file sizes, but by 2004 in Europe and 2009 in the US, it was in decline and piracy in the form of downloading and streaming was heavy. The market is heavily devalued from piracy to the point that digital streaming platforms can't even begin to compensate the loss.

On pricing, you can say that people complained all they want, but the evidence is against your statement. It is a FACT that there was tremendous market growth in the music industry through the 80s and 90s and the market collapsed with the advent of heavy piracy in the early 2000s. 

It's very clear that piracy devalues markets.