Actually, the previous revolution in the music industry is the best comparison. It used to be that people bought sheet music & played songs for themselves on pianos or other instruments. So, the
authors of songs were the 'superstars' of those days. When vinyl records and radio broadcasts came along ASCAP (American Society of Composers, Authors, and Publishers) was paranoid because people could hear ONE person's performance and not have to pay individually for it. They went into the same 'make everything illegal' tirade that RIAA and MPAA are repeating today. But of course people liked the new technology too much.
It took a while for new business models to be worked out but we did finally get a reasonably stable system that worked well enough for several decades. Given that there is no way to reverse the technology I think RIAA and MPAA will have to settle for a new business model themselves eventually.