alt Hacker NewsYou remember incorrectly. The first real commercial on-demand streaming service to gain traction was Netflix, and it exploded in popularity precisely because it did have "almost everything". One reasonable price, practically everything worth watching. That was the original promise.
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Netflix had “everything” because it was the first (commercially successful) mover on streaming, and as a result it was pretty much the only game in town for a long time. Every other producer HAD to be on Netflix if they wanted to reach the streaming audiences.
It was only after their success did all the other producers feel comfortable that this was the future, started building their own apps, and then had to wait for their exclusivity contracts they had given to Netflix expire.
There was a lot of fear around what would happen to Netflix when those contracts would expire, and that’s how we started getting their originals like Stranger Things.
It really wasn't. Early streaming (like 2012-ish, after cord-cutting was possible but before it was mainstream) had Netflix and Hulu as the two major services, and so anything that was on streaming was on one of those two. But lots and lots of stuff just wasn't on streaming at all.
If you subscribed to Netflix back then, you probably subscribed to both the streaming and the disc-mailing plan, because there were enough things you couldn't get on streaming, so getting the discs was important to fill those gaps.