I use streaming services all the time, but this is why I buy albums from artists I like and keep a self-hosted plex library.
Should anything I like ever be taken down, I can still listen to it.
The good thing about music is that it is ultra portable so mixing music from many sources, services and providers is hardly a problem.
And you can clearly see that in how the market for online music works. Unlike video, which is so dysfunctional I'd be hard pressed to even say there is a market.
End result: despite streaming services I still spend $100s of dollars on music every year. 0 on video.
I think it's great you have a two-pronged approach (buying stuff you really like, so you're not out of luck if the streaming provider folds like this), but I have to question your assertion about online video: Netflix is clearly a success story I think. Maybe the only real standout, but still it exists. Lots of people are signed up for it. There's also Amazon video; I don't know how successful it is, but people do rent videos on there.
But those are closed services, closed silos letting me stream content through closed source apps running on a extremely tiny subset of the digital devices out there capable of playing digital video.
Hardly any service lets me buy and curate my own videos, without DRM, from several sources and build my own library which I can play on all digital devices out there.
It's just a few big giant services, each with their own DRM and limited platform support.
It's nowhere near a real market where I can pick and choose and providers compete on merit.
Should anything I like ever be taken down, I can still listen to it.
The good thing about music is that it is ultra portable so mixing music from many sources, services and providers is hardly a problem.
And you can clearly see that in how the market for online music works. Unlike video, which is so dysfunctional I'd be hard pressed to even say there is a market.
End result: despite streaming services I still spend $100s of dollars on music every year. 0 on video.