But it's not necessarily immoral. It's obviously not nice to torrent something made by a small-time individual who relies on people paying for the media to actually make ends meet.
But I consider it perfectly moral to torrent from the likes of Hollywood studios and big-wig authors who can afford to have me not financially supporting them.
After all, Hollywood is an industry built off exploiting everyone you can. All the sex scandals, all the allegations, all the drugs, laundering, and trafficking. Do you REALLY want to give your money to an industry built off such heinous principles?
Besides, big studios and streaming services are expending unconscionable amounts of effort to convince people that it's OK to not actually own your favorite movies and shows, despite the fact you'll be spending hundreds per month to watch them in the hope that they don't suddenly disappear and you have to pay for some other service.
Simple solution: torrent to your heart's content. Use a trustworthy VPN like Mullvad, or an anonymizing P2P network like I2P to cover your ass from the big bad ISP. If you don't wanna take the legal risk, buy DVDs. Your favorite stores still sell them in truckloads. Many stores like Walmart have giant bins full of discounted DVDs, many of which are "multi-pack" DVDs with multiple movies and/or shows. Buy them, take them home and rip them onto your computer. Buy a cheap NAS or even a Raspberry Pi with external storage to hold all your movies and shows. Don't have the space for all your DVDs? Resell them once you rip them. If you have the technical know-how, you can even run a Jellyfin instance and hold all your favorite movies and shows on your local network for only the cost of your electric bill. If you're daring and have additional know-how, you can even port-forward your Jellyfin instance to your public IP so you can access your movies when you're away from home (though this does pose obvious risks, like if the bad guys get ahold of your public IP). If you implement password protection on Jellyfin, you don't have much of anything to worry about.
Take the data hoarding pill today and free yourself from predatory streaming services and complete and utter brokeness!