Each of the distributors is then tied into exclusive deals with TV stations, streaming services, etc.
It's the "exclusive" part of the rights that stops us from having nice things.
Oh, and Steam? un-region-locked? Hahahahhahahaahaha no
I ended up logging into his steam to download the client, then launched from the directory to log into my account(due to their slow servers, steams being faster and more updated - go figure).
You make it sound like the contracts aren't a real barrier. If they break their contracts, they could face millions, nay, billions in fines, fees, and settlements from being sued by everyone they had a contract with.
> they could today stop signing these "old media" contracts
They have. But contracts for broadcasting rights are usually 10 year deals. And up until recently (2010-ish) they were usually just automatically renewed. So you're looking at old media sticking around until 2020-ish. By then, most companies will have moved on from the old way of doing things completely.