The solution is so easy. Make your content available at a reasonable price, make it easy to use, don't restrict it by geography, and let people watch it on any device that can connect to your service.

They had achieved this just a short time ago, and their subscriptions and profit reflected that consumers were happy with the offerings. But the studios wanted MORE, and now everything is fragmented across a dozen different services with increased subscription fees, and geo-locks so you can't share accounts. I was paying almost $100 per month for subscriptions at one point, and then they fragmented it further and I said "fuck it, I'm out!". I cancelled everything. They think they can endlessly exploit their consumers, and maybe there is a sub-section of them that will endure never ending fragmentation and price increases, but I'm not one of them. Bye!