I've literally looked for things that I could reasonably expect to be on the Internet and couldn't find them on the Internet. The newest hot thing is still available, of course, but an obscure 5 years old show may not always be.
Everything is in private communities now. Almost all the content you can think exists on usenet, but all the good indexers are invite-only (and often pay to play. My usenet subscription + the yearly fees to various private trackers was just a little less expensive than Netflix (up until the most recent price hike).
Alternatively, invite-only/private torrent trackers are as good/better than the old days.
Way harder for regular folks to break into the scene, but it's far more "professional"(?) now
Of course, you’ll need to wait for me to open up my client every couple weeks, but you’ll get it eventually.