You’re too fixated on this stream limit. It’s not the only limit of the contract, even if you wish that was the case.
Rather than paying for the whole year I’ll pay for a month or two like I do with paramount+ and Disney+.
I’m sure they did some financial calculus to see what’s better but it’s not like other companies haven’t made terrible decisions in the past killing their business. I’m sure blockbuster had bean counters justifying their choices too.
Customers aren't reacting because it hasn't happened yet outside of a few tiny test countries.
Excluding no longer being able to do business in Russia for sanctions purposes, Netflix gained subscribers rather than losing them last quarter.
4 streams simultaneously could all be from different locations, even different countries and still be a household subscription.
One watches at work, another family member is on holidays abroad, the other watches at home and the other via mobile Internet on a train. Should this considered password sharing?
You. Not your neighbor. Not your friends.
Strictly by the sentence you quote to make your point, you would not even be allowed to share your "simultaneous streams" with members of your household. Which makes this quote rather useless to argue for your assumed right of sharing your streams with anyone you want.
Does any of those services have "multiple simultaneous streams" plans? I'm paying Netflix for 4 simultaneous streams (their naming: "Number of screens you can watch on at the same time") and they should not care where I utilize their offer.