Sony owns the SACD chipset in the SACD player that is used to decrypt
the SACD.  It is a carefully controlled and licensed hardware
technology. Sony makes money from royalties from manufacturers of SACD
players because these manufacturers have to purchase the SACD chipset
from Sony.

The damage to Sony if that hardware technology is not needed to listen
to music from an SACD (e.g. by a consumer purchasing a downloaded file
that was derived from the SACD that can be played on a computer):

If the material on an SACD can be accessed by a consumer without the
need for the SACD chipset and thus without the need for an SACD player
this costs Sony royalty payments from purchasers of the music who would
otherwise have to buy an SACD player to listen to the music.  If less
SACD players are sold, Sony loses money.

Here is an analogous situation: 

“each time a consumer opts to use the Streambox search engine that is
present on a modified RealPlayer rather than the Snap search engine
that is present on an unmodified RealPlayer costs RealNetworks royalty
payments from Snap”
http://www.law.uh.edu/faculty/cjoyce/copyright/release10/Real.html


-- 
mortslim
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