I don't really think of myself as a music collector. I just like to know that if I decide tomorrow I don't want to pay for a streaming music service any longer, I'll still have all the music I care about. That said, given that all the major music services have at least most non-niche music, having subscriptions to some things is just the way things are these days and you're probably not realistically going to drop a music streaming service.
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.