Threatened by potential EU regulatory changes, the movie, music, and sports industries are vehemently defending the practice of geo-blocking, as an essential part of their business models. Rightsholders argue that eliminating geo-blockades would devalue content, force price hikes for consumers in some countries, and ultimately reduce investment in content and localized services.
Source: Movie, Music and Sports Industries Urge EU to Keep Geo-Blocking in Place * TorrentFreak