How much of it is because we have been spoiled by Netflix though? For example, if I wanted to binge Game of Thrones, I would have had to wait for 6 weeks until the entire season had dropped, and by that time, it would have been impossible to not get spoiled by rumours online. Not to mention that you would be losing out on a great deal of interaction with your friends and colleagues, and I imagine many people would just give up and subscribe right from the start.
Here's what I find myself dong with Netflix when a new series drops that I might be interested in.
See Wu Assassins. Watch the first two episodes. Start scrubbing through the boring parts. Before I know it, I am fast-forwarding to the end just to see the fight scenes and how the story ends. Like, certain things like cliffhangers which make sense in a weekly show (to get you to want to tune in next week) no longer make sense when the next episode is available right away. It just feels like a very long movie with unnecessary padding.
Conversely, with a weekly show like Star Trek Discovery or Black Lightning, I look forward to each episode as it gets released weekly, and I find myself watching the entire episode from start to end since there is no pressure to skip to the next one.
I dunno. As a working adult, it just feels more sane to have each streaming service contribute a tv show, resulting in there being 1-2 hours of content to look forward to watching every day. Rather than have a new season of Jessica Jones dropping on Friday and I am like "whoopsie, there goes the weekend!"