

I think they reached a point where their user base was predominantly mainstream, not tech-savvy enough to know the difference.
I mean, how else can any site survive on advertising when the ads are so obnoxious and it’s so easy to block them? Either the site is great and the ads are non-intrusive enough that I’ll make an exception in uBlock, or I’m never seeing the ads in the first place.
Yep. On a Blu-ray disk, you have 25-100GB of space to work with. The Blu-ray standard allows up to 40mbps for 1080p video (not counting audio). Way more for 4K.
Netflix recommends a 5mbps internet connection for 1080p, and 15mbps for 4K. Reportedly they cut down their 4K streams to 8mbps last year, though I haven’t confirmed. That’s a fraction of what Blu-ray uses for 1080p, never mind 4K.
I have some 4K/UHD Blu-rays, and for comparison they’re about 80mbps for video.
They use similar codecs, too, so the bitrates are fairly comparable. UHD Blu-rays use H.265, which is still a good video codec. Some streaming sites use AV1 (at least on some supported devices) now, which is a bit more efficient, but nowhere near enough to close that kind of gap in bitrate.