Even after the DVDs, Netflix had a much bigger catalog before everyone else decided they needed to copy Netflix and launch their own service, then IP rights got restricted and redistributed.

Streaming was great when I only needed to subscribe to a single service to watch most everything I wanted. It's not so great when I need to subscribe to 5+ services and still not have everything I want to watch.

Yeah, monopolies are bad but the way IP is distributed right now across so many different services just ends up being worse for consumers.