What they do is create an IP for their shows, they deny the competition to compete where it counts; the quality of the service.

IP is a newer buzzword that has no established legal meaning. Ultimately, in terms of entertainment, IP only refers to the mechanisms of copyright and trademark. These exist without streaming services.

Your argument is like saying "Because Disney movies are copyrighted, they deny the competition the right to distribute said copyright works in a better format without consulting Disney whatsoever, much less offering any kind of compensation."

Pffft. Goddamn commie! (I knew I'd get the chance to call you a commie sooner or later. )