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Game of Thrones was nearly "destroyed" by pirates illegally streaming HBO content
(www.forevergeek.com)
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I was super into piracy when I was ~12, but as Netflix took over and you could get everything you want with 2-3 subscriptions totalling <$20 per month I eventually stopped because it was easier, a much better experience, and worth the money. Now that there are too many services to count guess who has an RPi BitTorrent/Plex server? I'd prefer to go back to the old Netflix way of things as it's so much easier, but there isn't any option more convenient than my current setup.
If I could pay $50 a month and get everything I want content-wise I would, but I cannot. Not counting that half the subscription services are awful to use, or are missing major portions of series,. I've even started pirating content I pay for access to because I don't have to deal with DRM bullshit.
With Steam though I'll pirate a game, and if I like it I'll go buy it because it's a better experience. Gaben is 100% correct that you have to provide a better experience than pirates, otherwise why would anyone pay for a worse experience?