If the content was a commodity like oil or food it would mean all movies and series would be available to all streaming co. Then you could save money and choose the one that best serves your needs.

Since it’s not the case it’s more like worst case monopoly: if I want Star Trek I must suffer the bad experience that is paramount plus. If I want mandalorian I have no choice but to engage Disney Plus. Etc etc.

So not only you pay more, but there’s no incentive to pick the best ones and improve experience of the bad ones

If there was an aggregator of sorts that would charge let’s say even $25 to watch whatever I’d pay happily. That’s what Netflix kinda was before other streaming services started popping up and each asking for a hefty fee.

It killed the promise of affordable content we had for a decade. When Netflix was the only game in town, you paid less for it and got more.

Because the services are still only owned by a handful of corporations.

Disney owns Disney+, Hulu, and ESPN+.

Amazon owns Prime Video and MGM+.

Warner Bros Discovery owns Max and Discovery+

Those three companies own 7 of some of the largest streaming services with a little over a half a billion subs between them. Netflix is the only exception to that trend, being independently founded, but they have their own issues regardless.

Because each of them are charging you $15-$20 per month to access their platform that realistically only has one or two things that actually provide you the value for what you spend.

So now, instead of spending the $100 or whatever it was with your cable TV company to get access to all those channels (which, while you couldnt pick what was on when, they were all included together), now you have to spend like $150-$200 to be able to access the same kind of content as before.

And to make it worse, you used to be able to buy a Laserdisc/VHS/DVD/etc of a movie you really liked. One time purchase, not a monthly subscription. And you didn’t have to think about what youre going to do when the streaming service decides to remove your purchased content from their servers (spoiler alert, they almost never will refund you or give you a copy, it just disappears along with your money you spent to buy it).

As others have pointed out, the rules of competition don’t apply since there’s exclusive content at play.

As a metaphor, It’s not like one restaurant serving a popular type of food vs multiple restaurants doing so. It’s having one Italian, one Thai, one Chinese and one American restaurant being the only ones in 100 miles. Look! There’s competition, 4 restaurants! Unless you only want some pad Thai.

So now instead of fixing cables issue of $60-100/month, they made it more complicated by paying $60-100/month to 3-5 different companies instead of one.

As a real life example. If you have kids, or are a big Star wars/marvel fan, 9/10 you need Disney+. It may as well be a Monopoly now so they can raise their prices as much as they want. Parents and nerds will pay through the nose for it.

Source: am a parent and a nerd (but I pirate all my stuff anyway)

Because they are “competing” with content exclusivity instead of quality of service, if every show was on every stream we would actually have competition.

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It’s a matter of convenience. If you wish to ethically watch various shows then you have to either pay for many streaming services or finish some content on one, cancel, and switch to another.

I used to subscribe to Netflix, prime video, and HBO max. I realized that I’m only consuming less than 5% of the contents they offer and I felt that I’m just wasting money. So I unsubscribed and went back to the high seas.

If they can offer one service for all the contents I’d gladly pay for the service.

It’s probably because they can remember how convenient and cheaper it was to see any movie or show that could be streamed. Streaming was supposed to disrupt TV by eliminating ads and allowing you to choose whatever you want to watch. Nowadays, in order to get the same amount of choices, you need to spend about as much as you did for a TV subscription and now many platforms have ads.

I think it’s more a frustration at what we lost than anything else.

People went from paying for cable and addon channels, to having a consolidated service, to having that service split and paid for addon channels again.

Not to mention keeping track of when they pay, since they’re all different dates unless you do it on specific days all at once.

Then there’s self hosting and having everything in one spot. Phew, nothing like it.

I’ve had similar thoughts, and I don’t have a great answer for you.

On the one hand, it seems like we consumers are really spoiled. On the other hand, a lot of these platforms only have a small number of offerings people find worthwhile.

I’m not as disciplined about it as I should be, but I try to limit how many I have at one time. I will regularly unsub from ones I haven’t watched in a while.

Because what people really want is an iTunes like service that just has everything for a single price rather than 14 streaming apps that have content overlap but also exclusives and rotating temporary content licenses costing $20+ each with ads.

There was a period of time when I gave up pirating because Netflix+prime was good enough to watch just about everything, and on-device search easily searched both platforms and provided a unified search/watch experience. It wasn’t worth the effort of finding and storing content yourself.

Fast forward to today, you search for something, it belongs to some fucking random service you don’t currently pay $17.99 a month for and then halfway though a season, it drops from the platform and goes to another streaming service you also don’t pay for. It’s just endless bullshit and nickel&diming now.

I’d happily pay $60 a month for a single service that just had everything and saved me from all this bullshit, instead I’d be forced to spend $300 a month for 23 services I barely use just to have access to the catalog of content I want.

Another example of this done well is steam- I just want my whole library in one place, I don’t want 5 different game libraries each with their own crap. Consequently I’ve spent thousands of dollars on steam over the years because of the unified experience.

I don’t know man, it was awesome when you had pretty much what you wanted in Netflix then when they started to focus in their “original stuff” and losing content (and the competition rising) I stopped to bother with this trend and downloaded all my stuff with Softwarr

Nowadays all my streaming needs are very well covered with a single subscription, Real Debrid, which is cheaper than any streaming service and surely has more content than all of them, even combined… I use it along with Stremio and Kodi, which both offer a better UI than most streaming apps lol.