Question - Is the Internet bad?

Recently the CEO of Sony posted an article stating the Internet is bad - see commentary - Sony Pictures CEO: The Internet Is Still Bad. His point, in a nutshell, is that piracy of intellectual property is harming content providers, e.g., Sony distribution. Some have counter argued that society/business models have changed and content providers should welcome free distribution of content.

My initial reaction - The counter argument is made by those individuals who have not had their intellectual property stolen. Intellectual property laws are significantly comprehensive and exist internationally. There are state laws, federal laws and treaties addressing intellectual property. To simply dismiss these well established rules is a demonstration of one's lack of knowledge of the law and its reason for being. Content can take a great deal of time and money to create. Doesn't someone have to pay for it? How should today's content providers, e.g., newspaper, magazine, music and movie industries, earn money to pay for the creation of the content?

There's no such thing as a free lunch.