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Yet another form of irritating DRM which won't actually prevent piracy.

Take apart any device which supports the copy protection, connect to output of DAC, bypassed.

/facepalm

And just like Apple TV[1], enjoy getting HDCP errors requiring restarting playback several times.

1: Might have been the Toshiba screen it was connected to.

Dunno why you're being downvoted, that's exactly the type of frustrating experience that exemplifies HDCP.

It's not really about stopping piracy though. it's about making sure they can sell licenses to manufacturers.

Yeah. If they stuck to old-fashioned 3.5mm jack, they couldn't charge a licensing fee on every headphone manufactured.