The Conservatives supported the Digital Economy Act, and never pledged to repeal it. The Lib Dems did pledge to repeal it, but that got lost in the Coalition deal.

It's a shame that steps such as the Digital Economy Act are needed, however, with so much content from across the creative industries being shared illegally online, the problem of copyright theft has a real impact on the income of those whose hard work and time goes into creating them.

For the Film and Television industry (who I work with) the perception is often that copyright theft doesn't matter because large companies can afford to lose their profits. However, it's an industry all about reinvestment, so all lost money means less money to make future films, and therefore fewer jobs for those that make them.

Or borrowing from a library. Since the industry wants orders of magnitude more, they've broken the previous agreement and should now get nothing, or as a practical compromise for a new deal: just put everything over, oh, 17 years old into public domain.