Appiled Business Law

The following scenario addresses a scenario and case law on piracy protections in entertainment venues.
Please read carefully and complete a written assignment as directed below:

At issue in the twenty-first century is the trade-off between the necessity of writers, musicians, artists, and movie studios to profit from their work and the free flow of ideas for the public benefit. Movie (and music) industry participants claim that encryption programs are necessary to prevent piracy. Others, however, including the defendants in cases such as Universal City Studios, Inc. v. Corley, 273 F.3d 429 (2d Cir. 2001), argue that the law should at least allow purchasers of movies, music, and books in digital form to make limited copies for fair use.

Which side of this debate do you support?
Is it possible to strike an appropriate balance between the rights of both groups on this issue?
This individual work should include the following:

An in-depth submission that should be free of spelling and grammar errors.
An essay containing a minimum of 200 words.
You will be assessed on the rationale you use in addressing the questions/issue posted, and how well you justify your argument regarding this issue.
Your response must be thought provoking, have well developed ideas and/or opinions, and should reference any supporting material from the text, lecture or other sources you have used to complete the assignment.