Just on my phone right now, I have 141GB of downloaded offline media I have never had the time to watch. I may burn through say an hour a day on average of media which is not current affairs, but more free media is created faster than I have the care or time to watch.
For example the "Designated Survivor" series, I downloaded all of both series 1 and 2, and only into about the 3rd episode of series 2 after about 3 months of having it on my tablet to watch in quiet times (on flights, hotels, wet weekends, etc).
My phone has 256GB of storage, my 10.8" tablet is about 192GB, my 8" tablet about the same 192GB, my Chromebook 128GB, I have a 1TB harddrive on my Raspberry Pi equivalent.
It's a crowded market. Price increases just will not work.
There is a fixed quantity of people, they have a fixed amount of time to consume media. Saturation. The only thing you can do is lower quality by adding quantity.