If you're willing to watch it on a screen big enough to hold in your hands, or one hand, then you don't care about what you're watching.
You are thinking in too small a box; trying to generalize based on the notion that people watch video for the same reason they read fiction - to be passively entertained - but with pretty pictures included.
I occasionally stream video content. Quite often music video, which sometimes is purely for the audio, but quite often the video is a pleasant addition. I also stream video when the content has information that is not easily extracted from available text. News clips, documentary videos on science or tech developments. I don't need cinematic quality, and what I get with a video setting of 360 resolution suits me just fine; and I certainly care very much about what I am watching.
None of that is what people have Netflix, or Amazon Prime, or Hulu, or any of those services for. What you're talking about is like CNN and YouTube, and yeah, a tiny screen is fine for that.
But if you say you enjoyed Dr Zhivago on your iPad mini...you're alien to me.
The Jedi Master
The anteater is wearing the bagel because he's a reindeer princess. -- my 4 yr old daughter
