I think it’s missing one crucial context here. As more movies and shows are produced, the price of existing content also goes down. It would be madness to expect new shows every month.

Cable is dead for majority of folks because it is full of ads and not because it had legacy content. It didn’t help but it wasn’t the sole reason.

Also, maybe an unpopular opinion, but maybe the film industry shouldn’t go after the same actors and actresses who earn millions of dollars per episode. So many individuals who have great talents being pushed aside due to this mindset.