Also, H265 encoded 1080p is hitting the sweet spot between quality and file size. About 500-ish MB per hour of content for decent quality.
Its sort of like when VBR encoded MP3s became the standard in the privacy scene in the early 00s. The quality is good enough for most folks plus the reduced file size means that it downloads really fast on average connections and isn't prohibitively expensive to store so you can create a large library very quickly. Also I think the shift to SSDs from spinning rust delayed the adoption of widespread video piracy 10-ish years ago because the cost per GB was just too expensive and most people weren't going to buy a NAS. But now we are starting to move past the inflection point. SSDs are bigger, H265 reduces file sizes, hardware accelerated H265 encoding is easier (meaning more H265 content), and devices that can decode H265 are becoming cheap and ubiquitous. You can install Plex on your laptop, load up on content, and have a better UX than Netflix.
Its sort of like when VBR encoded MP3s became the standard in the privacy scene in the early 00s. The quality is good enough for most folks plus the reduced file size means that it downloads really fast on average connections and isn't prohibitively expensive to store so you can create a large library very quickly. Also I think the shift to SSDs from spinning rust delayed the adoption of widespread video piracy 10-ish years ago because the cost per GB was just too expensive and most people weren't going to buy a NAS. But now we are starting to move past the inflection point. SSDs are bigger, H265 reduces file sizes, hardware accelerated H265 encoding is easier (meaning more H265 content), and devices that can decode H265 are becoming cheap and ubiquitous. You can install Plex on your laptop, load up on content, and have a better UX than Netflix.