Someone drank the koolaid.

The source for your ridiculous figure is the lobbying arm of an industry notorious for mistreating workers and sacrificing everything including quality of product and basic human decency for the maximising of profits. It also has tons of corrupt influence on politics and media even by the alreeady rotten standards of American legal bribery.

The reality is that every dollar lost to piracy is a hypothetical one as there's far from any guarantee that anyone pirating something would have bought the media rather than pass it over completely if not able to pirate it. In fact, there's a compelling argument to be had that word of mouth as a result of piracy often benefit a show, movie or even game much more than the, again, completely hypothetical, loss of sales hurts.

Besides, the one you're replying to is right: streaming as we know it today started as an effort by studios to maximise profits by making legitimate viewings easier than piracy. They've of course fucked THAT up by now, by acting like a streaming service is the same thing as the TV channels the vast majority of people happily abandoned.

Like in politics, clueless boomer (and forgotten generation) dinosaurs are in charge of a world they no longer understand, to the immense detriment of all the people they're supposed to serve except (some of) the money men.