Movies are too expensive-$8 for matinee? Get bent.
Movies are generally poor quality compared to 15+ years ago-most movies today are purely money making schlock.
Consumers are used to DVDs and home theaters and many don't mind waiting for the DVD release, unless it's a "must see", which is rare these days. (the studios conveniently fail to mention that their DVD sales are soaring, which accounts for much of the return on a film's investment)
R rated films are far less common these days because they don't attract the audience they once did, so many films are made to fit the PG-13 mold, which further weakens the studios' credibility. This is partly why AvP was so terrible when it could have been great. The MPAA is quick to blame file sharing, which is laughable-would you rather have a highly compressed xvid or a full feature DVD? If someone likes something enough, they will purchase it-assuming it's available legally. "Piracy" is used as a common scapegoat, and the FBI's enforcement is a joke. They claim to have made it a top priority, but like the warning you see before a movie, it is mostly a scare tactic. They only worry about large counterfeiting operations or when an uploader of a new film can be easily traced. The real damage comes in from overseas counterfeiters who produce 1:1 copies from illegal stampers in places such as China and Malaysia, but the damage is mostly relegated to the local economy and does not really affect the bottom line of the studios. The studios refuse to lower their prices in overseas markets enough to make legal products affordable-do you really think someone from China is going to spend $12 on a legal DVD when they can buy a pirated copy for less than $1?
What this all boils down to is fear of change-the studios are still stuck in 1970's business models and are very reluctant to adapt. The same fortelling of doom was predicted when the VCR was introduced; thankfully forward thinking judges ruled in consumers' favor, and the studios eventually reaped huge profits by producing VHS movies for rental and sales. The same situation is happening today, and they would be wise to realize the potential p2p has to offer movie and TV distribution.