I was watching a pirated feed of an NHL game on Friday, and the person hosting it decided to be cheeky and show the CSpan footage of these hearings during an intermission.
They had the CEO of UFC on, and he dropped the usual empty talking points, including the statement that piracy is costing people in his company jobs. Five minutes later, he described all of the people he employs to search out pirate feeds. Seems to me that this piracy is creating jobs.