Seems perfectly reasonable. In fact, I've always thought their terms are quite generous and they've been super patient with people who steal their product by sharing access in violation of their ToS.
This is not a food, medicine, shelter, human-rights, or access-to-knowledge situation. We're talking about bingeware, no one really needs this in any serious way, it's purely optional junk food for the brain, so there is absolutely no excuse for stealing it. Extra especially not because of how much as-good-or-better entertainment content is available online for free.