Yeah, it's not only that Piratebay and friends obviously offer the bigger catalogue of content. It's also that you get a DRM-free version you can play anywhere, anytime without being online.
Do sites like Netflix really expect to be paid for worse service? I'd still be willing to pay for a service (monthly, or per-content) if it allowed the ease of use and freedom of pirating sites. Not that I really use those, I essentially stopped watching TV shows and movies, except for one or two shows hosted via Amazon Prime, Netflix wasn't at all worth it because I only was interested in one or two shows, but since I don't binge-watch, finishing one might take months, which makes this service much more expensive than a box set of Blurays.
But sadly Blurays are shit and insulting. I have to sit through minutes of shitty menus and anti-piracy shit, even though I paid €15 for a movie. I cannot play Bluray on my PC without buying some software for playback, like the now-defunct AnyDVD, or MakeMKV. I certainly won't buy a shitty special player software, which locks me in even further.
Streaming sites are shit. Ever changing catalogues, small amount of content and the fact that sometimes they only offer half the seasons of a TV show (Amazon, I'm looking at you). Add to that that I am forced to be online. So it is unusable on business trips on the plane or in hotels with bad WiFi, a situation where I'm more likely to just watch a movie or show than at home. On top we have DRM playback software, which forces me to use Chrome.
Offer me a way to get the content onto my PC DRM-free, without jumping through hoops, and we might have a deal.