If copyright laws didn't exist we'd have a much higher caliber of media as business people who are only in it for the money wouldn't be involved and true artists (of all medium) would be the only ones around to create, for the love.
The thing that annoys me the most about copyright is how it has been carefully sculpted so that it can exist in a world where it shouldn't. Can you imagine if anything that anyone created could be copyrighted? Like Food recipes? - Imagine a company copyrighted every single type of food recipe and if you ever made a meal there was a 99% chance you are breaking their copyrights and could be sued in to oblivion, and if you wrote those down and traded them you could go to prison?
It just wouldn't happen. So why the fuck is it happening with Movies and Music? - Sharing is a big part of humanity. And copyrights that restrict what you can do with things is just Anti-Human in my opinion. It is for this reason that I'll no longer be participating in this broken system, A while ago I began the move to Open Software, all the technology my company develops is going to utilize open firmware updates (sources available basically) I'll be open sourcing my personal projects that I currently release in binary only form and I'll not be purchasing any more closed source apps or games. I'm sure it will be difficult to 'cut myself off' from a lot of content. But it'll be great for my soul.