People were stupid to ever think streaming was going to remain cheaper than cable/satellite - it was simply artificially low pricing to speed the transition. If you want to get everything you had on cable/satellite, you're going to end up spending the same or more in another few years.
Us for example:
Hulu Live TV no ads (highest tier) + Extra Screens, Sports, Entertainment, and Learning addons
Discovery+
Disney+
ESPN+
MAX
History Vault
Paramount
Peacock
Prime
Netflix
Apple TV+
Probably something else
In the long-run, prices for the same amount of content will likely be higher because you don't have overall packages subsidizing certain channels or addons. Granted, a lot of people won't subscribe to so many things and/or for the entire year.
I tend to agree, that its a scramble by every media company to develop a streaming platform. IMO the multi-channel streamers like Hulu+, YTTV, etc. made a mistake by trying to mimic the cable/satellite model by offering 100+ channels. Multi-channel platforms should allow subscribers to ala carte the subscription services their customers want.
I look at my own viewing and I might watch 10 channels on FUBO-TV. My must haves are ESPN in the fall/winter & Marquee/Golf Channel over the spring/summer.
Subscription based live sports will become the core distribution channel in the next decade. Sure games will still be shown on the 4 Networks, but the bulk of games will be on a subscription service. Once ESPN makes the direct-to-consumer transition, then others will follow (FS1/2, ACCN, SECN, BTN)