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For me, the main issue is the quality of content.
I have access to several streaming services, although all of them I pay for as part of some bundle where the streaming service isn’t my main motivator for subscribing. Netflix is bundled with my cell phone plan, Prime I use for delivery, Apple TV+ which is bundled with Apple One I use for news, music, and HomeKit secure video, and lastly HBO Max that I get with my cable subscription. I also ended up with one year of Hulu for free, but I forget where that came from.
I’d have no concern giving all of them up because I pay for a Usenet account. Combined with Radarr and Plex I have access to anything I want to watch.
Despite all this content, scrolling through my activity in Plex I haven’t watched a single movie released in 2024 since May when I watched the Dune: Part Two.
I don’t think people are motivated to subscribe to a service where the subscription doesn’t get you much of anything new. You might as well go to Goodwill and pick up some used DVDs and Blue-rays.
Usenet for me as well and my 32.7 TB NAS.