It was a good deal a few years back, so piracy decreased a lot, and streaming company profits grew a lot. Everyone was happy.
But then they altered the deal. It’s no longer worth the money, and any movie or TV show they have can disappear at any time. They also decided to start flirting with ads, so they burned a lot of trust by doing that.
It’s hard finding something worth watching. Once you have seen the few good shows at one streaming company, the rest is so awful nobody wants to touch it. So the subscriber is supposed to sign up to many streaming companies… Costing them tons of money.
If streaming companies were smart, they would work together and create one streaming service with all existing movies and TV shows, and set a fair price, and depending on what movies or TV shows people choose to watch, the profits go to whatever company makes the best content.
But working together is not what you do in capitalism…