Interesting article, he has a few good points there.
I think Louis CK's workaround is also interesting (https://buy.louisck.net/). Instead of trying to make his performance video unhackable, he set it at a price low enough to not be worth the effort - and his sales soared through the roof.
I don't like labeling the whole SOPA case as "Hollywood vs. Silicon Valley", but in a way Hollywood is like the major record labels. However, I'm not sure it's a dying industry.
This is exactly where entrepreneurs and innovative startups can come in and help those old industries adapt to a not-so-new reality through advertisements, accessibility, convenience, etc.