I thought this quote, from NBC/Universal's top lawyer Rick Cotton, was a joke at first:

In the absence of movie piracy, video retailers would sell and rent more titles. Movie theatres would sell more tickets and popcorn. Corn growers would earn greater profits and buy more farm equipment.

Turns out the guy actually said it! And in an FCC filing, no less. Mike Masnick responds with his usual eloquence:

[F]irst off, movie theaters are doing great this year, suggesting the big "threat" of piracy had a lot less to do with its troubles than the fact that it just didn't have that many compelling movies the past few years. Also, corn farmers are doing quite well (and people still eat popcorn at home while watching pirated movies). Of course, that doesn't really matter. What's key here is that if Cotton and NBC actually believe this logic, then they don't deserve to be in business. By the very same reasoning, I could say "If all movies were pirated, then everyone would have that additional money they didn't spend on movies to spend on things like fancy dinners. Restaurants would be more crowded. Farmers would make more money by being able to sell more profitable food at higher prices." See how easy it is?

I think I've made the point here before that these guys and suits are dumb. Nice to see that I'm not always wrong. As Mike says:

Of course, knowing how the entertainment industry works, next thing you know, they'll be demanding a cut of the profits corn farmers make, since, after all they're "profiting off the backs of the movie industry" without paying the industry for the benefit.