The difference with a rent seeking economy is that businesses still produce goods but choose to rent them rather than sell them. The products are no longer for sale must be rented perpetually. That's different from products that may be sold but have a service component. Movie studios have always straddled the line by doing both. You can buy a copy of a movie with perpetual rights or you can pay to view it. At one time, owning a physical copy of a movie included more extensive rights that it does today. The movie industry has been moving away from conferring any kind of ownership or perpetual rights in recent years and has actively and successfully lobbied to extend copyrights and limit consumer rights. The Digital Millennium Copyright Act and similar laws in other countries are examples.
Internet technology has made streaming a viable business model that is also acceptable to consumers. However, it turns over full control to the studios as to how movies and TV are viewed. That's working in consumers' favour right now due to low prices, little or no advertising for paid services and unlimited access to catalogs. That will change as markets mature, competition is eliminated, consumer choices disappear and profit seeking takes over. The movie and TV industries have a long record of increasing profits by limiting consumer choice, forcing consumers to watch excessive levels of advertising, making them endure revenue enhancing schemes and lobbying for laws that inflict punitive measures for relatively minor offenses. That's not gong to change in the long term.