I don't see the industry dying because they cut down piracy, since their are legal streaming sites that are free. The only problem with them is they have to work with country laws, but they are trying to fix it. They doing this to get more traffic for their legal streaming sites, because if you type in watch Naruto you'll get a pirate site as number one
I believe they only targeting the site that only do the popular stuff. They probably don't care about the older or niche Anime/Manga titles, they are doing this to stop pirating of the newer stuff that are available online. Since it is cutting in on their business.
I really believe they should cut down on pirate sites, most of them just do the popular stuff and take from other pirate sites who do the work and then drown out the legal streaming sites. Also, the other thing that bug me is that they rush out translations to beat the official translations, that just under handed. I found it a good thing to cut down the pirate sites, because right now we have to many