They can no longer have different release dates in different places; once content is released somewhere, it's released everywhere.

Here's a response that the film and TV industries have never yet tried; how about letting people pay them money for legal downloads without DRM on the day of release? It's impossible to stop people downloading content, so you'd think they could at least experiment with letting people pay them for it rather than giving consumers who want unencumbered and timely content no choice but to pirate.

PayPal most certainly is a bank. In Europe. If you want entities that hold your money to be regulated as banks in the US as well, then tell your Congressman, not Slashdot.