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@Zenbuffy
What happened was that Netflix became successful enough and other media companies wanted a piece of that pie. They did so by creating their own streaming service to offer their own IP and whatever content they could buy the rights for cheap.

So now you have two dozen of streaming services each offering some of what they made.

Ideally you would want to pay $10/m to have access to all the (multi)media ever made available in the world. But the world doesn't work that way.