This model has been banded around for a number of years with the media/production companies stopping it every step of the way because of the lower profit margins and politics involved.
It's just an extension of what the cinema companies now do around the world e.g. R150 per month for unlimited movie access.
They can afford it across the country, with a large customer base averaging 2 visits per month, as you can make a fair amount of money on top of the extortion of showing Hollywood movie and the advertising fees recouped.
The issue is all the middle men currently in the model making a huge amount of cash, including the large production costs and salaries. They have all been in bed together for so long and have such close ties that cutting through some of these people would cause a huge problem. Also, the question of who would own the data cantres that dispersed the info... again - all of this has been thought through in detail and the model has been sorted for years now... just that no one will agree on it.
I do believe that piracy would significantly decrease/stop if thre were local 'free peered' data centres around the world where subscribers paid a reasonable monthly fee to access the wealth of information available by the multitude of production companies. Essentially, Pay-as-you go TV... it's piloted and kinda/sorta/maybe working in many places. However, it always stops or starts to become way too expensive when everyone starts demanding their usual profit margins.
If someone could sovle the political/money-grabbing issue around the media industry then why would anyone want to or need to pirate?
We all know that another media revolution has to happen, however, as with all previous revoltions, the people in control will fight until they run out of breath to stop it happening.