^ Yes, TRON, and, as I'm sure you already know, the contracts are constantly in flux.
I was watching many things that BAM! disappeared. Granted, it takes me a YEAR to get through 1-2 seasons of a show, but I was at the whim of the contracts.
It would mar the experience, but I wish I could have looked up the "expiration date" to see if I had a reasonable amount of time.
I am an edge use case, though. I started Howard the Duck and, over the course of 2-3 months, was inching closer to finishing it. Same with PEE-WEE films. Movies disappeared.
A year (maybe a few months, actually) later, they were back, I rewatched 'em from the beginning.
Netflix is cheap, so I'm not upset.
However, recently Disney (?) pulled a bunch of streaming/download content from all services. UNLESS you had downloaded a LOCAL COPY (on a tablet/phone/PC), you lost it. Yes, you paid for it, but the "terms and conditions" do not guarantee access, in perpetuity, to digital content. Now, this didn't affect me, but it shows how badly we (consumers) need protections from this ridiculous situation.
For all the convenience of not having local copies....damn, current contracts/laws/practices are so anti-consumer it isn't even funny.
I will admit, however, that for video, I love streaming most things.
For music, I'm still stuck in transition. I don't completely trust that I'll have access to a lot of wacky/obscure content, so I know I'll have to maintain some local copies. 95% of my music will be fine (but subject to issues already stated for film/video).