The problems are:
- Your definition of 'equitable price' when we live in a time where no single human can digest across their lifetime even a single year's worth of the glut created.
- The quality is universally garbage and as an information consumer you'd still have to spend your resources in thinking critically whether to accept and update your assessment of the information. If you're consuming 'content' as escapism well then you still might consider a more cost-effective route such as heroin or even direct neural stimulation.
- Consumers rightfully work out the long game plan of content creators. They'd like to not view ads but know that once you've climbed above the threshold of starving artist you'll get greedy and the ads will come right back. Always. No exception.