You know what I don't actually care how popular My Little Pony is, but if it's only popular because of hives of self-reference and in-jokes such as 4Chan and Reddit it would be no loss to humanity if no-one had heard of it.
I'd rather only pay for the content I actually wanted to watch. The problem with a subscription is you'd be tempted to try to "get your money's worth" and spend hours every day glued to the box, or have the TV on the whole time even when you're not watching it like some people do and you get so used to it that you can't do without. Which is also a disadvantage of streaming media. You can get addicted to it. I don't see the appeal of "more, more, more entertainment!" I treat myself to a 2nd-hand DVD once a week and I watch that and that's it. Even the inconvenience of having to go to a shop and pay for it with money makes life a fuller, more satisfying experience.