It is actually. If you can offer me a $10/month plan, I'd even pay $20, to get every movie and show I would pay it. In addition we now have movie studios to thank for delayed rental releases so companies like netflix and redbox have to wait a month or more to get a new movie after it's been released for sale. If a movie is released for sale on day X, I want to be able to watch it as a rental for a reasonable price, not $4, on day X. Same goes with a TV show. $2 per 30 minute TV episode on iTunes is highway robbery when the same program is broadcast OTA for free.
The fact that you need to steal a movie to see it a few weeks prior to its netflix release its quite larger than the surface detail.
For $20/month you can get unlimited movies and music with legal services.
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