From a content creator (studio) perspective, I have to imagine this is ineffective. Might they make more money with "open" rights for anyone? "Doesn't matter who you are, pay us $0.50/hr for streaming this content and we're good."
Again, as a content provider, absolutely you want exclusive content as a reason for people to join your service. (I have Netflix for House of Cards and HBO for Game of Thrones.) But as a creator your goal should be wide distribution.