Then, when the streaming service market blew up because the content owners wanted to make more money by only offering their content on their own service (Disney+, CBS all access, etc.), torrenting went back up because it was no longer inexpensive for a streaming subscription, since you needed a dozen of them to cover everything you wanted to see (with usually only one show on one service that you care about).

Instead, it's going to be like cable TV and landline telephone service: something new will come along to attract people's attention, and they'll just keep pissing customers off, and as more and more leave, the service will get worse and worse, and the prices higher and higher, to take advantage of the suckers who refuse to leave, until the whole thing finally implodes.