Are all the journalist layoffs a fever dream?
This is one of the more profitable ones, and only because they employ unscrupulous tactics:
https://www.macrotrends.net/stocks/charts/NWS/news/profit-ma...
This is NYT, the most successful news business:
https://www.macrotrends.net/stocks/charts/NYT/new-york-times...
As for movies/tv show/music makers, let’s just say most people in the software engineering business would look at their numbers and count their lucky stars that they are not in the movie/tv show/music business.
(It is also true that excessive copyright lengths have removed access to content that the public should have a right to).
You got my point backwards: AI companies will make it from the pirated content, that individual users don't make.
If only piracy would actually harm these businesses but alas as often demonstrated it has zero effect on their bottom line, if anything it increases their profits.