I support bands that deserve it.
Notice I say BANDS?
Look at artists like katy perry,justin bieber,lady gaga and every other mainstream artist out there, one person who auto tunes a voice to a beat, which was most likely not even made by them, gets a tonne of media coverage and charges ridiculous amounts to see them in concert, do they DESERVE any album sales? No they don't.
BANDS who work their asses off, who practice for years to learn their instrument, the naturally gifted singers, the amazing writing abilities they have, and who spend YEARS playing small gigs in youth centers and small clubs, paying for studio time, equipment, transport,food etc out of THEIR OWN POCKETS are the people who deserve my money, and who get it.
I am a huge supporter in local music, I go to lots of small gigs, $10-25 MAX to see some really great bands play, have a great time is well worth my money, I buy a shirt and an album if I like the band, there is so much potential out there it's ridiculous they still play these tiny shows.
So yes, I download a lot of music, but it's not because I'm too lazy, it's because they don't deserve my hard earned money. I download movies if I can't afford them/can't find them instore or if they just don't sound like a great spend of my money, if there's a good movie I hear about I will buy it, but generally torrenting or grabbing it off a mate is the way I go, if Netflix was in Australia I'd use that but nope, we don't have it
And to lowering prices, that would be great, movies in Australia are $25 for a new release dvd and $30-35 for a new release blu ray, albums are fair at $20 for a LP and 5-15 for an EP (depending on the number of songs) the only thing is, these bands pay a lot of money to record, a LOT, mainly those in Australia who travel to America or Europe, it definitely ain't cheap to record.
Tl;dr version:
Buy an album if it's a legit artist, don't give money to mainstream artists who have money pouring out of their ass as it is.