DRM does exactly what it was meant to do: remove rights from the folks who play by the rules.
The public premise that DRM is about stopping "piracy" was always a lie. Obviously, it can't do that. In fact, DRM encourages piracy by reducing the value of non-pirated versions of things.
DRM exists to control and manipulate regular, honest customers, such as making them watch ads or to pay over and over for different copies of the same thing even when they actually have the legal right to make copies for their own use.