I would love to be able to watch everything in one place without ads, and be happy to pay for it.
There is no reason that the licensing would only apply when you do not choose your shows or movies. Internet radio stations currently pay 22 cents for every 100 "plays" by those paying a subscription fee. And the system works well, creators are compensated, streaming companies can run a successful business, consumers do not need to subscribe to 5 different services to listen to the music they want.
The cost of a movie ticket, or movie rental, or dvd/blu ray purchase is generally fixed within a narrow band. TV series prices vary a little more, but the vast majority is still within a similar range. A compulsory license price could be set that would both fairly compensate rights holders, and also to allow businesses to profitably provide streaming to consumers.
Internet radio, and streaming music companies pay billions in royalties each year. For a variety of reasons about 75% of this does not go to artists and goes instead to record labels and other intermediaries, but this does not mean that creators are not compensated, or that they would be better off without internet radio and streaming.
Spotify becoming profitable amid a competitive industry is a great example of a successful business.
There is no reason that the licensing would only apply when you do not choose your shows or movies. Internet radio stations currently pay 22 cents for every 100 "plays" by those paying a subscription fee. And the system works well, creators are compensated, streaming companies can run a successful business, consumers do not need to subscribe to 5 different services to listen to the music they want.