You have an interesting perspective... as a consumer for me Spotify marries the best of those two worlds. I get the music I want and discoverability, quality, and ease of use is extremely good.
And it turns out that can be true even while the economics of buffet streaming services simultaneously effect the drastic cuts in first-order revenue that piracy brought directing it instead to distributor and label.
I gladly pay HBO and Netflix as well, but it seems no matter what I pay, I cant get the same movie/series coverage that Spotify provides for music.
Video is, of course, much more fragmented but it's also different in that you're not going to rewatch most video content. There never were music rental stores (although libraries did/do have music) but video rentals were a thing pre-streaming.