I’m with you on the high seas ever since Star Trek bounced around from place to place. When you’re thinking “uhhh which do I watch this particular spinoff on, is it Netflix or Amazon Prime or…” it’s already too much like hard work. Then they decided to make the latest exclusive to Paramount, yet another subscription. Eh, nah, at that point it’s time to make like Tascha and Yarr it.
However in part I think the comparison to cable (or would’ve been Sky here) is psychological. With those big services you’re still effectively paying to watch a few shows a bunch of different “streaming services” (channels/networks in that case) but as it’s all bundled up into, say, £60/month, you don’t think about it. Or, the average person doesn’t - personally I’ve never justified that much to watch TV. Now that it’s split out into different payments, £10 here for service A, £10 there for service B, the waste of paying so much to so many different services just to watch a few shows becomes more apparent.
This is one thing I actually like them doing. I’m a social watcher and also have other things to do; I want to talk about an episode with friends afterwards, and the phenomenon of racing to binge watch an entire series in one or two sittings ruined that. (As well as forcing me to stay away from half the internet until I’ve binged the series myself due to spoilers). I don’t like being “forced” to binge, much rather savour it one episode at a time as it’s produced, really take in and enjoy and discuss the details of each one. Really makes you appreciate it more IMO.
I see your financial argument though, I guess you could wait until a series is over and then subscribe for 1 month and binge away. Or, of course, yarr.