they be wrong, there have been multiple studies even by the EU on how piracy does not reduce revenue.
Besides that studios continue to pay for denuvo even after there game has been cracked. The article literally is about how all games with denuvo get bypassed on the day of the release, which means they pay for nothing except a worse experience for there paying customers. At this point it's just a compliance checklist by corporate suits and actual people working on games and paying customer pay the price.