Even more confusingly rights for IP might have been transferred and sold many times leading to questions about who actually owns a film or franchise.
Distribution rights, production rights are separate. Actors may have been promised a cut of any of the above.
So if you track down 40 years worth of contracts, you can safely add a movie to your streaming service.
Add to that 100 years of studio mergers, consolidation, etc. It is a mess.
I am sure many companies would like to stream more, but simply can't.