This is absolutely not true.

I pay an ungodly combined amount of money to various streaming services, but must still occasionally resort to TPB. Which "just works", unlike said streaming services.

Within reason, it's not a money problem (within reason; media conglomerates would love for me to sell my kidney in order to watch their premium shows, but that's not going to happen).I would rather just pay for the problem to go away, but Netflix, Disney et al just disagree.