Streaming was supposed to be simple - one subscription, unlimited content. But now, prices are rising, shows are disappearing, and every service wants its own slice of your wallet. Meanwhile, piracy has surged to 216 billion visits, because the illegal product has become more convenient than the legal one. In this video, we break down how the streaming bubble burst and why piracy is winning again. From the subscription trap and content deletion, to billion-dollar losses and the password-sharing crackdown that pushed millions back to the high seas.