Pirating isn't the problem, its the symptom.
People pirate because the industry doesn't provide a reasonable alternative.
People don't want to pay big bucks for a blue ray they'll watch 10 times over the course of the next 10 years. They don't want to pay big bucks for a game they'll play through once now, and once more in a couple of years, and they certainly don't want to buy a full album for one good song. I don't want my house to be clotted with DVDs and CDs - hell I don't even own a stereo.
We need a service that allows digital, cheap access to our entire entertainment collection anywhere we want, in high def and on all platforms, provided there is an internet connection. They could even include single screenings of new movies for slightly reduced price of a cinema ticket. I'd pay a monthly fee for that kind of service.. hell yes. The industry needs to get over itself and start accepting that people are tired of its business model.