Yes, this is why I'm not happy with Netflix. They became too big and now a lot of companies want a piece of the pie. They should have simply stayed a distributor of movies and series.
I have always thought that the way to manage some of the torrenting is for the production companies to have a donate page where you can, without being hunted down and prosecuted, donate if you enjoyed a movie or series. The drop in torrenting as mentioned above indicates that there is a willingness to pay for content.
This last sentence is the exact reason why some users (actually a lot of users) turn to filesharing. -films,series,etc. or music that they try to find/buy are inaccessable in their country.
Free to air has also created an environment where it is easier to torrent a series because the station starts, stops, moves and misses episodes. We have a long way to go before there is a workable legal option.
Yes, I'm a huge fan of horror movies from the 80's and 90's, but you can't find those on the big streaming companies. In fact, you can't even buy them on DVD.