People won't go back to piracy. Most of the people that subscribe to Netflix weren't really pirates. Maybe they had a friend that would burn them a DVD on request, or got the number of some guy who sold bootleg DVDs. They'd probably use these services for a couple of movies a year. Most peoples direct experience with piracy was downloading Metallica songs on limewire when they were 16. It's been a long time since then. There's a whole generation of adults who largely only know TV as it exists today, that is, streaming services.

The ones that were pirates, I never understood why they left. I have yet to pay for a single streaming service in my entire life, or cable, or any of that. This was always going to happen, I saw it coming for years before Netflix even had a viable competitor. And on top of that, the diminishing quality of the content, I've reached a point now that I don't pirate because I don't watch any of it. To be fair to them, my TV watching was always very minimal, I'm an easy guy to alienate. Still, I can't imagine people who know how to pirate actually paying for what passes for entertainment these days.