Imagine all the crappy shows HBO distributes that you don't want to watch. If they offered direct streams, they wouldn't have to participate in the voodoo ratings system to figure out which those are. Costs cut. Your welcome, HBO.
"News Journalism in a Digital World" should include Wikileaks, because Wikileaks is digital journalism. Excluding Wikileaks is a political attempt to redefine journalism to be the restricted, government-approved dispersion of information.
Today, people don't spend very much time talking around communal fires. The campfire has expanded to encompass a lot of new places. Story telling is done by recordings.
A wonderful technology has been built around the use of electricity -that's what lightning is made of!- it allows you to easily record and play back all the stories you like. You can send them far away with a tele-vision system! You can look up other stories on something build from a world wide web!
Best of all, nobody is stopping you from playing stories around a television, or on your long-term electronic storage devices. No one is going to stop human nature. That would be bullshit.
It isn't presented as a dichotomy. At most, it requires a zero-sum system.
The implication is that while you might imagine making some money by stopping piracy, there is a more optimal solution that focuses more on making money (involving means other than pirate fighting).
Nor is it false. Were it false, the ability to make the most money in business would be to stop piracy. Since bringing piracy down to zero doesn't win you infinite money (unless your technique includes some kind of apocalyptic economy-consuming machine), there is an obvious ceiling to gains from the pirate-fighting strategy.